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Stone Forest Market Update for 2007

By
Real Estate Broker/Owner with Keller Williams Realty

Stone Forest is located off of Alafaya Trail in the east Orlando real estate market.  There has been 8 single family houses sold in 2007.  They sold for prices ranging from $220,000 to $250,000 with an average of $235,750 and ranged in size from 1,312 square feet to 1,864 square feet.  They took an average of 112 days before they sold.

There are presently 0 houses that are pending closing.

There are a total of 14 houses on the market.  They range in size from 1,254 square feet and 2,243 square feet with asking prices ranging from $194,900 and $329,900.  Out of the 14 houses that are up for sale, 8 of them have asking prices of $235,000 or lower.

Considering the amount of houses sold in 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 21 months.  This is a little lower than 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