The Central Florida Division of Avatar Properties, Inc., closed out the first nine months of 2006 with 1,160 closings for a total of $327.8 million and posted 692 new home sales for a volume of $247 million.

The division which is developing Poinciana, Solivita, Bellalago and the Isles of Bellalago averaged over 4.2 closings per day and 128.9 per month for the first three quarters, while sales for the 9-month period averaged 2.5 per day and 77 per month.

Poinciana lead the way for closings 935 homes for $237.5 million, an average of $254.011 per transaction.

Solivita, Poinciana active-adult community here in Poinciana posted 547 closings for $149.3 million which was an average of $272.943 per transaction.

The primary homes in Poinciana accounted for 388 closings for $88.2 million with an average of $227,320 per transaction.

Next Bellalago, Avatar's upscale gated community alongside Lake Tohopekaliga, and Isles of Bellalago community had a total of 225 closings for $90.3 million with an average of $401,333 per transaction.

It is interested to note that Poinciana ranked the second best selling master-planned community in the United States for the past two years.  It posted a total of 535 sales for Avatar over the first nine months for a volume of $171.2 million or an average of $320.00 per transaction.

Avatar is the primary home builder in Poinciana, which consist of over 47,000 acres in northwest Osceola and northeast Polk counties.  Avatar's primary homes are currently priced from the mid-$200s, while Solivita are presently priced from the upper $100s to $500s, as for Bellalago, homes are priced in the upper $300s, while homes in the Isles of Bellalago is presently priced from the $290s.