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East Park is located in the east Orlando real estate market off of Narcoossee Rd in the Lake Nona section of Orlando. There have been 8 single family houses sold in the 1st quarter of 2008 with one of them having a pool. They range in price from $235,000 to $345,000 with $292,875 being the average. The square footage ranges from 1,868 to 2,852 and the houses lasted an average of 126 days on the market before they closed.
There are presently 8 houses that are pending closing with a price range from $199,900 to $409,000 with an average of $291,075. They range in size from 2,122 square feet to 2,833 square feet and have been on the market for an average of 117 days.
There are a total of 44 houses on the market ranging in size from 1,591 to 3,451 square feet with asking prices ranging form $225,000 to $450,000. Of these 44 single family dwellings available, 22 have asking prices of $325,000 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 17 months. This is below the rest of the Orlando real estate market.
If any additional information is required click onto either of the following links at http://www.flatfeerealty.info/, East Park - Richard Carpentieri, Broker, e-PRO or call 321-766-7176.
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