Downtown St Cloud is located north of Rte 192 going towards the water and the heart of the Orlando real estate market in zip code 34769.  There have been a total of 12 single family houses close in the 1st quarter of 2008 ranging in size from 928 to 2,220 square feet with 2 of them having pools.  They sold at prices ranging from $97,000 to a high of $225,000 with an average price of $159,208 lasting an average of 119 days on the market.

There are presently 23 houses that are pending closing with asking prices starting at $54,900 and going up to $274,900 and an average asking price of $159,204 with 5 of them having pools.  The sizes of these houses range from 741 square feet to 2,327 square feet and have been on the market for an overall average of 147 days.

There are a total of 173 houses on the market ranging in price from $74,900 to $700,000.  At the present saturation rate (the amount of time it will take to sell all of the houses on the market in this specific area assuming NO other houses are listed) it will take 58 months to sell the entire inventory.  This is higher than the average compared to other Orlando real estate markets.

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