Poinciana Market Analysis for the 4th Quarter of 2007
Poinciana is located in the southern section of the Kissimmee real estate market off of Pleasant Hill Rd. There has been 90 single family houses sold in the 4th quarter of 2007. They sold for prices ranging from $102,375 to $250,000 with a range in square footage range of 1,012 to 3,922. They lasted an average of 111 days before they sold.
There are presently 44 houses that are pending closing. They range in size from 988 square feet to 2,848 square and have asking prices from $98,500 to $240,000.
There are a total of 1,067 houses on the market ranging in size from 810 to 3,922 square feet with asking prices ranging form $89,000 to $560,000. Of these 1,067 single family dwellings available, 299 of them have asking prices of $150,000 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 36 months. This is above average with the rest of the Kissimmee real estate market.
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