Hidden Springs is located off of Dr Phillips Blvd in the Dr Phillips section of the Orlando real estate market. There has been 5 single family houses sold in the 4th quarter of 2007. They sold for prices ranging from $335,000 to $435,000 with an average sale price of $362,350 and they ranged in size from 1,880 square feet to 2,530 square feet with all of them having pools. They took an average of 164 days before they sold.
There are presently 2 houses that are pending closing. The asking prices for these houses range from $281,900 to $330,000 and they range in size from 1,906 square feet to 1,948 square feet.
There are a total of 6 houses on the market. They range in size from 1,871 square feet to 2,224 square feet with asking prices ranging from $299,900 to $389,900 and five of them have pools. Out of the 6 houses that are up for sale, 4 of them have already lowered their price.
Considering the amount of houses sold in the 4th quarter of 2007, 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 3 months. This is a much lower than the rest of the Orlando real estate market.
If any additional information is required either log onto http://www.flatfeerealty.info/ and fill out the contact us or call 321-766-7176.
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