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Green Briar Home Sales for the 1st Quarter of 2008

By
Real Estate Broker/Owner with Keller Williams Realty

Green Briar is located in the Williamsburg section of the Orlando real estate market.  There has been 4 single family houses sold in the 1st quarter of 2008.  They sold for $149,500 and $233,800 with an average price of $187,050 and ranged in size from 1,090 square feet and 2,206 square feet.  They took an average of 120 days before they sold.

There are presently 2 houses that are pending closing. They are 1,070 square feet and 1,766 square feet with asking prices of $155,000 and $199,900.  They have been on the market for an average of 315 days.

There are a total of 21 houses on the market.  They range in size from 969 square feet to 2,646 square feet with asking prices ranging from $159,900 to $264,500.  Of these 21 houses 16 of them are priced at $210,000 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 16 months.  This is slightly lower than the rest of the Orlando real estate market.

If any additional information is required click on one of the following links at http://www.flatfeerealty.info/, Green Briar - Richard Carpentieri, Broker, e-PRO or call 321-766-7176.