The sub division of Remington, located on the north-eastern side of Kissimmee near the heart of the Orlando real estate market, has had 9 houses closed in the 1st quarter of 2008.  The price range for the 9 houses sold was between $159,900 and $351,000 with the average price being $240,589 and 3 of them had pools.  They ranged in size from 1,424 to 2,743 square feet.  The average time it took to sell these houses was 123 days.

There are presently 18 houses that are pending closing with asking prices of $139,000 and $388,800.  They range in size from 1,506 to 4,147 square feet with 6 of them having pools.  The average time for these houses on the market is 160 days.  Remember that these houses have not yet closed so the average time to close will be higher.

There are a total of 143 houses on the market ranging in size from 1,126 to 4,096 square feet with asking prices ranging form $135,500 to $450,000.  In total there are 43 houses priced at $200,000 or lower.

With 9 houses closing for the 1st quarter of 2008, the saturation rate (the amount of time it would take to sell all of the listed properties assuming no other properties were listed) would be 48 months.  This is way above the average for the rest of the Kissimmee real estate market.

If any additional information is required click onto either http://www.flatfeerealty.info/ or Remington - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Remington experts will be happy to assist you.