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About Orlando's Ginger Mill

2617 GINGER MILL BLVD, ORLANDO FL 32837 Ginger Mill

Steve Glose ,TRC, CIPS, Vacation Homes, Orlando Real Estate,Orlando Medical City: Real Estate Agent in Orlando, FL

2617 GINGER MILL BLVD, ORLANDO FL 32837 $$$ 89,000 $$$

Exterior Front

Short sale. 3rd party approval required. This home is the normal 3/2 in Gingermill, but it has a 19x15 a/c room on the back that is the play room or family room. Home is close to all major attractions, Home Depot, and other main attractions. NEEDS TLC

For the latest status on this property and many more in the Orlando area, contact Steve Glose with Keller Williams Realty direct at 407-616-7286 or visit www.thefloridalivingteam.com. For a faster reply you can also email me at steve@thefloridalivingteam.com. Prospective U.K. Buyers please call: 020-3239-7286. All information is deemed reliable but not guaranteed on the date posted. All Short Sale Properties are subject to bank approval of Sale Price.

Visit www.hunterscreekliving.com for more information on all properties for sale in Hunters Creek Orlando.

Ginger Mill Market Update for the 4th Quarter of 2007

Richard Carpentieri GRI, ABR, PRM, e-PRO: Real Estate Brokerage in Orlando, FL

Ginger Mill is located in the south central sector of the Orlando real estate market. There has been 2 single family houses sold in the 4th quarter of 2007 ranging in price from $209,900 to $224,900. The square footage on both houses was 1,405 and they lasted an average of 53 days on the market.

There is presently 1 house that is pending closing with an asking price of $179,900. The house is 1,081 square feet. It has been on the market for 130 days. Remember this property has not closed yet so the time to close will rise.

There are a total of 6 houses on the market ranging in size from 1,325 to 2,250 square feet with asking prices ranging form $226,000 to $279,900. Of these 6 single family dwellings available 5 are priced at $240,000 or lower.

Considering the amount of houses sold in4th quarter of 2007, 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) would be 9 months to sell all of the inventory. This is considerably lower than the rest of the Orlando real estate average.

If any additional information is required either log onto http://www.flatfeerealty.info/ and fill out the contact us or call 321-766-7176 and one of our Ginger Mill experts will be happy to assist you.