Waterford Lakes Home Sales for the 1st Quarter of 2008

Real Estate Broker/Owner with Keller Williams Realty

Waterford Lakes is located in the east Orlando real estate market.  There have been 18 single family houses sold in the 1st quarter of 2008.  They range in price from $218,000 to $331,500 with $265,372 being the average and 9 of them having swimming pools.  The square footage ranges from 1,610 to 3,162 and the houses lasted an average of 157 days on the market before they sold.

There are presently 14 houses that are pending closing with an asking price range from $175,000 to $349,900 with $260,077 being the average.  These houses range in size from 1,214 to 3,072 square feet with 8 of them having swimming pools.  The average time on the market is currently 91 days.  Remember these properties have not closed yet so the average time to close will rise.

There are a total of 55 houses on the market ranging in size from 1,013 to 2,986 square feet with asking prices ranging form $169,000 to $450,000.  Of these 55 single family dwellings available, 26 are priced $275,000 or less.

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 9 months.  This is considerably lower than the average of the rest of the Orlando real estate market.

If any additional information is required click onto http://www.flatfeerealty.info/ or Waterford Lakes - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Waterford Lakes experts will be happy to assist you.

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