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Friday, January 02, 2009

Phillips Landing Market Report January 2009

As we enter this new year I wanted to highlight some of the best buying opportunities in the Rockledge and Viera Florida real estate market. One of the subdivisions that looks to present some opportunity is Phillips Landing.

Situated just off Interstate 95, this subdivision of homes built from 2004 to 2008 offers its residents a convenient location, underground utilities, some waterfront homes, a community pool and playground, nearby excellent schools, shopping and more!

As of today there are 11 properties for sale in Phillips Landing. Interesting to note is that over half of these properties for sale are short sales! [A short sale is a property fro sale which will likely sell for less than the mortgage owed and will require lender approval. Some of these are really attractive offerings!]

Prices in Phillips Landing range from two short sales for $149,900 to a short sale at $309,000! Five of the properties listed are offered for less than $170,000. Amazing that when these homes were first built I believe the starting price was from the low $200s!

[My how the times have changed! - GO GATORS!]

If you are considering buying or selling a home in the Rockledge and Viera (including Suntree) areas of Florida's Space Coast, please give me a call if I can assist you in any way. Gary Waters Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me directly at 321-693-3850 or email me at

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