Vizcaya is located in the Dr Phillips section of the Orlando real estate market. There has been 4 single family houses sold in the 1st Quarter of 2008. They sold for prices ranging from $990,000 to $2,550,000 with all 4 having pools and ranged in size from 4,311 square feet to 7,475 square feet. They took an average of 58 days before they sold.
There are presently 4 houses that are pending closing. The asking prices for these houses are $370,000 and $650,000 with $547,225 being the average and they range in size from 2,163 square feet to 3,050 square feet with 2 of them having pools. The houses took an average of 73 days before they sold. Remember the time to close will increase as they are only under contract and have not closed yet.
There are 29 houses on the market. They range in size from 1,974 square feet to 6,541 square feet with asking prices from $449,000 to $2,499,000.
Considering the amount of houses sold in the 1st quarter 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 22 months. This is much average with the rest of the Orlando real estate market.
If any additional information is required click onto either Vizcaya - Dr Phillips Homes, Dr Phillips Real Estate, Orlando Real Estate, Richard Carpentieri, Broker, e-PRO or http://www.flatfeerealty.info/ or call 321-766-7176 and one of our Vizcaya experts will be happy to assist you.
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