Sand Lake Hills Home Sales for the 1st Quarter of 2008

By
Real Estate Broker/Owner with Keller Williams Realty

Sand Lake Hills is located in the Dr Phillips section of the Orlando real estate market.  There has been 5 single family houses sold in the 1st quarter of 2008.  They sold for prices ranging from $185,000 to $330,000 with an average sale price of $251,400 and they ranged in size from 1,623 square feet to 2,512 square feet with 1 of them having a pool.  They took an average of 113 days before they sold.

There are presently 4 houses that are pending closing.  The asking prices for these houses range from $240,000 to $255,000 with the average being $248,700 and they rang in size form 1,638 square feet to 1,948 square feet. These houses took an average of 63 days before they were sold but remember the time to close will go up as they have not closed yet.

There are a total of 23 houses on the market.  They range in size from 1,629 square feet to 2,678 square feet with asking prices ranging from $244,900 to $499,900 with 14 of them have pools.  Out of the 23 houses that are up for sale, 11 of them are priced at $275,000 or lower.

Considering the amount of houses sold in the 1st quarter of 20078 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 14 months.  This is a lower than the rest of the Orlando real estate market.

If any additional information is required click onto either http://www.flatfeerealty.info/ or Sand Lake Hills - Dr Phillips Homes, Orlando Real Estate, Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Sand Lake Hills experts will be happy to assist you.

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Richard Carpentieri

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