Sky Lake sub division is located in the south central part of the Orlando real estate market. There have been 7 single family houses sold in the 1st quarter of 2008. The sales prices ranged from $107,000 to $190,000 with 2 of them having pools and the average being $160,967. The square footage ranged from 1,071 to 1,690 and the houses lasted an average of 190 days on the market before they closed.
There are presently 4 houses that are pending closing with an asking price range from $154,000 to $180,000 with $165,175 being the average. These houses range in size from 1,350 to 1,889 square feet. The average time on the market is currently 45 days. Remember these properties have not closed yet so the average time to close will rise.
There are a total of 94 houses on the market ranging in size from 925 to 2,272 square feet with asking prices ranging form $99,000 to $279,900. Of these 94 single family dwellings available, 43 are priced $175,000 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 40 months. This is a higher than the average saturation rate for the Orlando real estate market.
If any additional information is required click onto either http://www.flatfeerealty.info/ or Sky Lake - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Sky Lake experts will be happy to assist you.
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