The housing market in the Indigo Crossing subdivision in Florida typifies many Viera and Brevard County Florida communities in August 2010 – short sales are the norm!
As August begins there are only five active listings in Indigo Crossing. Four of these are short sales priced from $153,000 to $179,000 with a single stand sale priced at $198,000 (ouch!).
Although no properties closed last month there are six properties under contract – all short sales awaiting lender approval.
Indigo Crossing is one of the newer developments in Viera West of I-95 (2005-2007 built) but it is a cookie cutter community. For example, 10 of the 11 homes under contract or active are 1900 sq ft!
The below chart reflects 12 months' activity in Indigo Crossing.
For information on homes for sale in Indigo Crossing in Viera, call me directly or email me.