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TheWildrness Market Update for 2007

By
Real Estate Broker/Owner with Keller Williams Realty

 

The Wilderness is located in the southern section of the Kissimmee real estate market off of Pleasant Hill Rd.  There has been 3 single family houses sold in 2007.  They sold for prices ranging from $200,000 to $220,000 and ranged in size from 1,533 square feet to 1,642 square feet.  They lasted an average of 161 days before they sold.

There is presently 1 house that is pending closing at this time.  The asking price is $169,500 and it is 1,495 square feet.

There are a total of 9 houses on the market ranging in size from 1,372 square feet to 2,074 square feet with asking prices ranging form $165,000 to $255,000.  Of these 9 single family dwellings available, 6 of them are priced at $230,000 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 assuming that no other houses are listed in that area) will be 36 months.  This is higher than the rest of the Kissimmee real estate market.

If any additional information is required either log onto http://www.flatfeerealty.info/ and fill out the contact us or call 321-766-7176.