Lime Tree Market Update for the 4th Quarter of 2007

By
Real Estate Broker/Owner with Keller Williams Realty

Lime Tree is located in the Williamsburg section of the Orlando real estate market.  There has been 1 single family house that sold in the 4th quarter of 2007.  It sold for $195,000 and it was 1,554 square feet.  It took 28 days before it sold.

There are presently 0 houses that are pending closing.

There are a total of 6 houses on the market.  They range in size from 1,310 square feet to 1,873 square feet with asking prices ranging from $165,000 to $235,000.  Of these 6 houses 3 of them are priced at $195,000 or lower.

Considering the amount of houses sold in the 4th quarter of 2007, 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 18 months.  This is below average with the rest of the Orlando real estate market.

If any additional information is required either log onto http://www.flatfeerealty.info/ and fill out the contact us or call 321-766-7176.

 

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