Celebration Market Analysis for the 4th Quarter of 2007
Celebration is located in the west section of the Kissimmee real estate market off of 192. There has been 20 single family houses sold in the 4
th quarter of 2007. They sold for prices ranging from $297,000 to $1,600,000 with an average of $639,900 and ranged in size from 1,388 square feet to 4,650 square feet. They took an average of 139 days before they sold.
There are 14 houses that are pending closing. They range in price from $449,000 to $1,125,000 with sizes ranging from 1,717 square feet to 4,410 square feet.
There are a total of 188 houses on the market. They range in size from 1,416 square feet to 7,905 square feet with asking prices ranging from $249,400 to $3,999,900. Of these 188 houses 39 of them are priced at $500,000 or lower.
Considering the amount of houses sold in the 4th quarter of 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 28 months. This is average with the rest of the Kissimmee real estate market.
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