Heritage Place is located in the south central sector of the Orlando real estate market. There have been 4 single family houses sold in the 1st quarter of 2008. They range in price from $194,900 to $230,000 with $211,450 being the average. The square footage ranges from 1,590 to 1,802 and the houses lasted an average of 118 days on the market before they closed.
There are presently 4 houses that are pending closing with an asking price range from $194,500 to $237,900 with $212,350 being the average. These houses range in size from 1,657 to 1,934 square feet. The average time on the market is currently 23 days. Remember these properties have not closed yet so the average time to close will rise.
There are a total of 13 houses on the market ranging in size from 1,324 to 2,206 square feet with asking prices ranging form $190,000 to $369,900. Of these 13 single family dwellings available, 6 are priced at$250,000 or less.
Considering the amount of houses sold in 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 10 months. This is considerably lower than the rest of the Orlando real estate market.
If any additional information is required click on http://www.flatfeerealty.info/ or Heritage Place - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Heritage Place experts will be happy to assist you.
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