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Sunday, May 03, 2009

Heritage Isle Market Report April 2009

Heritage Isle, the premier 55+ active lifestyle community in Viera, continues to have properties close at a good pace – in spite of the so-called bad market.

As of today (May 2nd), there are 29 active listings in Heritage Isle. Of these only 4 are short sales (priced from $169,000 to $199,900). Short sales are situations where the sales price will be less than the mortgage and any offer must be approved by the lender.

The list price of active properties goes from $169,000 to $325,000! With that range of prices you can be sure the sizes vary from a duplex home of 1400+ square feet to almost 2,700 square feet.

In April 2009 there were 7 properties that closed with prices ranging from $145,000 for a 2 BR/2 bath duplex to a high of $225,000. Also, another 6 are under contract.

If you are interested in a 55+ community in an ideal location, with amenities galore (21,000 sq ft club house), pools, gated, next door to golfing, near shopping and medical facilities, and more then Heritage Isle deserves a look.

For information on Heritage Isle, please drop me an email or call me. I can be reached at 321-693-3850 or email me at

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

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