Woodland Lakes Preserve Home Sales for the 1st Quarter of 2008

Real Estate Broker/Owner with Keller Williams Realty

Woodland Lakes Preserve is located off of Curry Ford Rd in the east Orlando real estate market.  There has been 5 single family houses sold in the 1st quarter of 2008.  They sold for prices ranging from $274,000 to $305,000 with an average of $281,908 and ranged in size from 1,941 square feet to 2,795 square feet.  They took an average of 104 days before they sold.

There are presently 9 houses that are pending closing.  They range in size from 2,035 square feet to 2,822 and the asking prices range from $168,000 to $370,000 with $284,503 being the average.  They lasted 80 days before they went into contract.  Remember the days to close will go up since they have not closed yet.

There are a total of 34 houses on the market.  They range in size from 1,861 square feet to 2,822 square feet with asking prices ranging from $236,900 to $450,000. 

Considering the amount of houses sold in the 1st quarter of 2008, the absorbsion 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 20 months.  This is 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 Woodland Lakes Preserve - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Woodland Lakes Preserve experts will be happy to assist you.



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