Falcon Trace Home Sales for the 1st Quarter of 2008
Falcon Trace is located in the south central sector of the Orlando real estate market. There has been 4 single family houses sold in the 1st quarter of 2007. They ranged in price from$226,000 to $277,000 with an average of $259,250 and they ranged in size from 1,575 square feet to 2,100 square feet. They lasted an average of 79 days before they sold and 3 of them had pools.
There are presently 3 houses that are pending closing. They range in price from $241,700 to $339,900 with an average price of $277,833 and 1 of them has a pool. They range in size from 1,877 square feet to 3,301 square feet and the average time on the market is 120 days.
There are a total of 56 houses on the market ranging in size from 1,478 square feet to 3,896 square feet with asking prices ranging from $224,900 to $499,900. Of these 56 single family dwellings available, 28 are priced at $300,000 or less.
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 42 months which is well above the average for the rest of the Orlando real estate market.
If any additional information is required click on either of the following links at http://www.flatfeerealty.info/ or Falcon Trace - Richard Carpentieri, Broker, e-PRO or call 321-766-7176.