Lakeside is comprised of 15 smaller sub divisions within the larger community located in northeast section of Kissimmee. There have been 8 single family houses sold in the 1st quarter of 2008. The houses ranged in price from $154,900 to $245,000 with an average price of $195,110. The sizes of the houses ranged from 1,235 to 2,468 square feet with 3 of them having pools and took an average of 71 days to sell.
There are presently 15 houses that are pending closing with an asking prices from $105,000 to $235,000 with 6 of them having pools and the average being $166,226. The houses range in size from 1,003 square feet to 1,972 square feet. They have been on the market for an average of 69 days. Remember this property has not closed yet so the time to close will rise.
There are a total of 122 houses on the market ranging in size from 987 square feet to 2,868 square feet with asking prices ranging from $139,900 to $309,000. Of these 122 single family dwellings available, 54 are priced at $200,000 or less.
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) is 46 months which is higher than the average time for the rest of the Kissimmee real estate market.
If any additional information is required click onto http://www.flatfeerealty.info/ or Lakeside - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Lakeside experts will be happy to assist you.