Stone Forest Market Update for 2007
By Richard Carpentieri, GRI, ABR, PRM, e-PRO
(Keller Williams Realty)
Stone Forest is located off of Alafaya Trail in the east Orlando real estate market. There has been 8 single family houses sold in 2007. They sold for prices ranging from $220,000 to $250,000 with an average of $235,750 and ranged in size from 1,312 square feet to 1,864 square feet. They took an average of 112 days before they sold. There are presently 0 houses that are pending closing.There are a total of 14 houses on the market. They range in size from 1,254 square feet and 2,243 square feet with asking prices ranging from $194,900 and $329,900. Out of the 14 houses that are up for sale, 8 of them have asking prices of $235,000 or lower.Considering the amount of houses sold in 2007, the saturation rate, (the amount of time it will take to sell all of the houses in a specific area...