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Thursday, June 04, 2009

Market Report Phillips Landing Subdivision Rockledge Florida

House It looks like “short sale” seems to be the dominant trend in Phillips Landing real estate activity!

As of today, June 3, 2009, there are 9 houses listed for sale in Phillips Landing.

Of the 9 active listings just over half (5) are short sales. There are two other short sale listings that are under contract. Short sale closings do take time, at least 60 days or more, so when (and a big “if”) they close is anybody’s guess!

There was one short sale that closed in May 2009 – an 1848 square foot home for $155,000. Folks, that is just above $80 a square foot!

Prices for the active listings range from $155,900 (3/2/1878 sq ft) to $239,900 (4 BR/2.5 bath/2440 sq ft). The choices are plentiful. Additionally the builder is still building and there are some new homes available.

[ A word of advice – if you are interested in new construction, get yourself a real estate agent BEFORE you visit the model home center. Remember, the agent on duty represents the BUILDER; your agent represents YOU! ]

If you would like information on homes for sale in Rockledge or the neighboring community of Viera, please contact me by phone or email. I would welcome a chance to assist you in any way.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850, email

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