Bellalago Market Update for the 1st Quarter of 2008
Bellalago is located in the southern section of the Kissimmee real estate market off of Pleasant Hill Rd. There has been 4 single family houses sold in the 1st quarter of 2008. They sold for prices ranging from $199,900 to $380,000 and square footages from 1,557 to 2,758. They lasted an average of 72 days before they sold and 2 of them had pools.
There are presently 8 houses that are pending closing. They have from 1,687 square feet to 3,591 square feet with 2 of them having pools and have asking prices from $189,900 to $550,000. They have an average asking price of $300,938 andthey have been on the market for an average on 65 days.
There are a total of 122 houses on the market ranging in size from 1,557 to 3,906 square feet with asking prices ranging form $179,900 to $795,000. Of these 122 single family dwellings available, 41 of them have asking prices of $300,000 or lower.
Considering the amount of houses sold in the 1st quarter of 2008, 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 92 months. This is excessively above the rest of the Kissimmee real estate market.
If any additional information is required about Bellalago click on the links below at Bellalago - Richard Carpentieri, Broker, e-PRO or http://www.flatfeerealty.info/ or call 321-766-7176.