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Tuesday, June 30, 2009

Market Activity Phillips Landing Rockledge Florida

The Phillips Landing subdivision in Rockledge, Florida has been a hot bed of short sale activity recently. It was not that long ago, perhaps a couple of months, that over half of Phillips Landing listings were short sales!

As of today there is only one short sale listing in Phillips Landing.
But...and this is a big but....there are eight under contract (pending). Anyone who is remotely familiar with short sales is well aware that under contract is sometimes a long way from "closed."

There was one short sale that closed in early June - an 1878 square foot 3 bedroom, 2 bath 2 car garage property which sold for $143,500!
The current active short sale is a 4 bedroom 2 bath 2 car garage home with 2,057 square feet under air for $169,900. That is an attractive price for a 2005 built home on the water in a newer development near excellent schools, beaches and more!

Anyone considering relocating to Florida should consider central Brevard County. Located 45 minutes from the Orlando area, some of the top schools in the state, superb medical facilities including a new hospital being built in nearby Viera, 75 miles or so of Atlantic coastline, lots of recreation opportunities (golf, boating, cruises, professional baseball) and more!

Take a look at the planned unit developments of Viera, Suntree, the city of Rockledge, and the beach side communities and more.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me directly at 321-693-3850 or email

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