Southport Bay Market Analysis for 2007
Southport Bay 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 2007. They sold for $259,900 to $260,000 and were 2,975 square feet and 3,697 square feet. They lasted an average of 176 days before they sold.
There are presently 0 houses that are pending closing.
There are a total of 15 houses on the market ranging in size from 1,788 to 2,282 square feet with asking prices ranging form $190,900 to $289,900. Of these 15 single family dwellings available, 8 of them are price at $250,000 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 90 months. This is excessively high as compared to the rest of the Kissimmee real estate market.
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