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La Vina Home Sales for the 1st Quarter of 2008

By
Real Estate Broker/Owner with Keller Williams Realty

La Vina is located in the east Orlando real estate market off of Narcoossee Rd in the Lake Nona section of Orlando.  There have been 3 single family houses sold in the 1st quarter of 2008 with one of them having a pool.  They range in price from $210,525 to $245,000 with $225,175 being the average.  The square footage ranges from 1,655 to 2,053 and the houses lasted an average of 131 days on the market before they sold.

There are presently 3 houses that are pending closing with a price range from $220,000 to $374,900 with the average being $293,266.  They range in size from 1,544 square feet to 3,562 square feet and have been on the market for an average of 38 days.

There are a total of 30 houses on the market ranging in size from 1,685 to 3,916 square feet with asking prices ranging form $199,900 to $749,000.  Of these 30 single family dwellings available, 9 have asking prices of $300,000 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 above the rest of the Orlando real estate market.

If any additional information is required click onto either http://www.flatfeerealty.info/ or La Vina - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our La Vina experts will be happy to assist you.