Andover Cay Market Update for the 1st Quarter of 2008
By Richard Carpentieri, GRI, ABR, PRM, e-PRO
(Keller Williams Realty)
Andover Cay is located off of Curry Ford Rd in the east Orlando real estate market. There has been 3 single family houses sold in the 1st quarter of 2008. They sold for prices ranging from $215,000 to $265,000 and they ranged in size from 1,640 square feet to 2,530 square feet. They took an average of 116 days before they sold. There is presently 1 house that is pending closing. The asking price for this house is $269,777 and it is 2,417 square feet.There are a total of 17 houses on the market. They range in size from 1,368 square feet to 2,585 square feet with asking prices ranging from $177,900 to $339,900. Out of the 17 houses that are up for sale, 13 of them have asking prices of $265,000 or lower.Considering the amount of houses sold in the 1st quarter of 2008, the saturation...