Brighton Lakes Market Analysis for the 4th Quarter of 2007
Brighton Lakes is located in the southern section of the Kissimmee real estate market off of Pleasant Hill Rd. There has been 5 single family houses sold in the 4th quarter of 2007. They sold for prices ranging from $210,000 to $398,000 with an average of $287,600 and a range in square footage range of 2,211 to 4,205 with 2 of them having pools. They lasted an average of 114 days before they sold.
There are presently 5 houses that are pending closing. They range in size from 2,731 square feet to 3,387 square and have asking prices from $289,900 to $359,000 with 2 of them having pools. They have been on the market for an average on 139 days.
There are a total of 80 houses on the market ranging in size from 1,766 to 4,205 square feet with asking prices ranging form $168,000 to $487,000. Of these 80 single family dwellings available, 40 of them have asking prices of $300,000 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 48 months. This is way above the average with the rest of the Kissimmee real estate market.
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