With only about half the complex built out so far, some units come with garages while others have carports. Yes, the complex is very nice but nothing selling right now.
Why? There are five units listed for sale – one short sale at $84,000. The others are all listed $136,000- $157,000 range. Days on the market for these units are 308,174, 159, 96, 15 (average about 5 months).
There is one under contract…listed at $109,000 and under contract in less than two months. This 3 bedroom 2 bath unit was priced very attractively from the start.
One must wonder if it is that these units that linger on the market for months are priced too high…I say very emphatically yes!
Why? Since June 2009 there have been four units sold that were listed in the MLS system. The sales prices ranged from $93,000 to $122,000!
For information on condos for sale in Rockledge and Viera (or Cocoa Beach!), call me at 321-693-3850 or email me, Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.