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Team Carpentieri Blog

Our intent is to supply relevant information to the people of the Orlando real estate market and its neighbors.

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Eagle Creek Home Sales for the 1st Quarter of 2008
Eagle Creek is located near the east Orlando real estate market.  There have been 6 single family houses sold in the 1st quarter of 2008.  They range in price from $200,000 to $580,000 with $360,500 being the average and 3 of them having pools.  The square footage ranges from 1,960 to 3,299 and the houses lasted an average of 133 days on the market before they closed.

There are presently 6 houses that are pending closing with an asking price range from $192,900 to $364,900 with $302,967 being the average.  These houses range in size from 1,759 to 3,616 square feet with 1 of them having a pool.  The average time on the market is currently 126 days.  Remember these properties have not closed yet so the average time to close will rise.

There are a total of 60 houses on the market ranging in size from 1,703 to 4,483 square feet with asking prices ranging form $215,000 to $999,000.  Of these 60 single family dwellings available, 24 are priced at $350,000 or lower.

Considering the amount of houses sold in the 1st quarter of 2008, the saturation rate, (the amount of time it will take to sell all of the houses in a specific area assuming that no other houses are listed in that area) will be 30 months.  This is on par with the rest of the Orlando Real Estate market.

If any additional information is required click on the following link at Eagle Creek - Richard Carpentieri, Broker, e-PRO,        http://www.flatfeerealty.info/ or call 321-766-7176.

 

Posted: Friday, April 18, 2008 8:58 AM by Richard & Deborah Carpentieri

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