About Orlando's Sky Lake

Sky Lake sub division is located in the south central part of the Orlando real estate market. There have been 7 single family houses sold in the 1st quarter of 2008. The sales prices ranged from $107,000 to $190,000 with 2 of them having pools and the average being $160,967. The square footage ranged from 1,071 to 1,690 and the houses lasted an average of 190 days on the market before they closed.

There are presently 4 houses that are pending closing with an asking price range from $154,000 to $180,000 with $165,175 being the average. These houses range in size from 1,350 to 1,889 square feet. The average time on the market is currently 45 days. Remember these properties have not closed yet so the average time to close will rise.

There are a total of 94 houses on the market ranging in size from 925 to 2,272 square feet with asking prices ranging form $99,000 to $279,900. Of these 94 single family dwellings available, 43 are priced $175,000 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 40 months. This is a higher than the average saturation rate for the Orlando real estate market.

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

Here is another periodic Market Report for the
Sky Lake community, in southern Orange County, Florida.

Sky Lake is right across the street from The Florida Mall,
which makes GREAT shopping just a stones throw away.

Florida Mall has long been a tourist mecca, drawing
thousands of visitors every year and they compete directly
with The new Festival Bay Mall and the Prime Outlets Mall
at the end of International Drive in the tourist corridor.

This area has LONG been misunderstood as a low wage, high crime area, BUT it is NOT that way at all.

Sky Lake has not just the distinction of being a stones throw away from the Florida Mall, BUT it is right near the Florida Turnpike and Route 528... you can get ANYWHERE FAST from this area of central Florida.

• There are 102 homes for sale in Sky Lake as of 4/14/2008,
  which is 2 less than last month
• The LOW asking price for these homes is $99,000 which is a STEAL! And that price
  is DOWN form the previous low of $120,000 last month.
• The high asking price is $285,000 which has been reduced to $245,000 --
  which is a GREAT price for a home near the Florida Mall.
• 28 of these homes are either pre-foreclosures, foreclosures, bank owned,
  owner will assist with closing costs or owner will consider financing.
  That is one more home than last month, and for buyers this is a GREAT thing!

Every month I will be doing market updates about MANY
subdivisions for central Florida, Orlando Florida and the
surrounding areas. So, if you want to know about specific
Orlando Florida real estate or central Florida real estate,
just e-mail me and I will get the information to you FAST!

Here are links to other Market Reports I have done recently:

This information about Orlando Florida real estate
and central Florida real estate is brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.

Here is another community I am doing a market report on:

This community is called Sky Lake, and it is just north
of the Florida Mall in southern Orange County.

Florida Mall has long been a tourist mecca, drawing
thousands of visitors every year and they compete directly
with The new Festival Bay Mall and the Prime Outlets Mall
at the end of International Drive in the tourist corridor.

This area has LONG been misunderstood as a low wage, high
crime area, BUT it is NOT that way at all.

Sky Lake has not just the distinction of being a stones throw away from the Florida Mall, BUT it is right near the Florida Turnpike and Route 528... you can get ANYWHERE FAST from this area of central Florida.

• There are 104 homes for sale in Sky Lake
• The LOW asking price for these homes is $120,000 which is a STEAL!
• The high asking price is $285,000 -- which is a GREAT price for a home
  near the Florida Mall.
• 27 of these homes are either pre-foreclosures, foreclosures, bank owned, owner will assist with closing costs or owner will consider financing. THOSE are GREAT deals!!

Every month I will be doing market updates about MANY
subdivisions for central Florida, Orlando Florida and the
surrounding areas. So, if you want to know about specific
Orlando Florida real estate or central Florida real estate, just e-mail me and I will get the information to you FAST!

This information about Orlando Florida real estate
and central Florida real estate is brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.