Vista Lakes Home Sales for the 1st Quarter of 2008

Real Estate Broker/Owner with Keller Williams Realty

Vista Lakes is located in the east Orlando real estate market. There have been 11 single family houses sold in the 1st quarter of 2008. They range in price from $219,900 to $568,000 with $365,436 being the average. The square footage ranges from 2,048 to 4,456 and the houses lasted an average of 119 days on the market before they closed.  

There are presently 13 houses that are pending closing with an asking price range from $214,700 to $545,000 with $310,522 being the average. These houses range in size from 1,781 to 3,904 square feet. The average time on the market is currently 113 days. Remember these properties have not closed yet so the average time to close will rise.  

There are a total of 113 houses on the market ranging in size from 1,399 to 4,551 square feet with asking prices ranging form $185,000 to $659,900. Of these 113 single family dwellings available, 35 are priced at $300,000 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 31 months. This is a higher than the average of the rest of the Orlando Real Estate market.  

If any additional information is required click onto or Vista Lakes - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Vista Lake experts will be happy to assist you. 

Comments (1)

Can we get an update?

Please give us an update on the status of Vista Lakes

Jun 29, 2008 06:47 AM