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Tuesday, April 06, 2010

Bayhill Subdivision in Viera Florida – Market Report April 2010

About six months ago I sold a home in the Bayhill subdivision of Viera East.  It was on the market for a long time.  All the buyer prospects said it was the noise – the lack of a sound barrier because the development backed to Interstate 95. 

Since then the sound wall has been built!

Since January there have been two properties sold in the Bayhill subdivision.  One sold for $145,000 (1,902 sq ft) and the other for $140,000 (1,600 sq ft).

As April 2010 begins there are eight single family homes for sale with four of these being short sales.  Prices range from $139,900 to $216,000.

[Interesting that these two properties are the smallest of the active listings (just over 1500 sq ft) and the same floor plan.  Can there be $76,000 difference in the same house in the same neighborhood?]

For information on buying or selling a home in Viera, please give me a call at 321-693-3850 (office, 321-255-2600) or send me an email.

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

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