Bellalago Market Analysis for the 4th Quarter of 2007
Bellalago is located in the southern section of the Kissimmee real estate market off of Pleasant Hill Rd. There has been 2 single family houses sold in the 4
th quarter of 2007. They sold for $235,800 and $261,875 and a square footage of 1,923 to 2,011. They lasted an average of 129 days before they sold.
There are presently 2 houses that are pending closing. They are 1,557 square feet and 2,724 square feet and have asking prices of $199,900 to $505,000 with 1 of them having a pool. They have been on the market for an average on 92 days.
There are a total of 107 houses on the market ranging in size from 1,557 to 3,725 square feet with asking prices ranging form $209,000 to $795,000. Of these 107 single family dwellings available, 46 of them have asking prices of $350,000 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 161 months. This is excessively above 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.