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Turnberry Reserve Home Sales for the 1st Quarter of 2008

By
Real Estate Broker/Owner with Keller Williams Realty

Turnberry Reserve is located in north east section of the Kissimmee real estate market.  There has been 3 single family houses sold in the 1st quarter of 2008.  They ranged in price from $185,400 to $224,000 with an average of $202,466 and the sizes of these houses ranged from 1,673 to 2,909 square feet with 1 of them having a pool.  They took an average of 90 days to sell.

There are presently 8 houses that are pending closing with an asking price range from $149,900 to $219,900 with $205,325 being the average.  These houses range in size from 1,654 to 3,023 square feet.  The average time on the market is currently 42 days.  Remember these properties have not closed yet so the average time to close will rise.

There are a total of 19 houses on the market ranging in size from 1,654 to 3,897 square feet with asking prices ranging form $189,000 to $325,000.  Of these 19 single family dwellings available, 9 are priced under $225,000.

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) would be 19 months which is lower than 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 Turnberry Reserve - Richard Carpentieri, Broker, e-PRO or call 321-766-7176 and one of our Turnberry Reserve experts will be happy to assist you.