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Saturday, December 31, 2011

Condo Sales Brevard County, Florida 2010 vs. 2011

*Data extracted from Brevard MLS system on December 31, 2011.

All Condo Units Sold Average Selling $$ Avg Days on Market
2010 1,285 $143,151 135
2011 1,436 $128,018 141

The two tables below represent only the distressed condominium sales for 2010 and 2011 (short sales and foreclosures).

Foreclosures Only Average Selling $$ Avg Days on Market
2010 351 $72,082 62
2011 296 $77,655 89

Short Sales Only  Average Selling $$ Avg Days on Market
2010 253 $120,511 179
2011 192 $105,597 111

*Information contained in this report is not warranted but is deemed to be accurate.

Observations about the coming new year….

Nothing sentimental here.

Only a few general musings about nothing in particular…..

First of all, this is not the time to whine about what did not happen in 2011.  What is done is done!

I spent time this week speaking with a broker who was really recruiting for "her team."   I listened and will consider what she says.   Who knows?

I completed the real estate broker licensing course this month and now am preparing for the broker’s license exam.  Amazing how many letters from brokerages one receives when you enroll in a broker training class!

As for plans for next year week….?

I have established new goals and modified some previous goals.

Now the process is quite simple…. do!

New beginnings are nice sometimes.....

Residential Real Estate Sales Brevard County Florida 2010 vs. 2011

Data extracted from Brevard MLS system on December 31. 2011.

All Residential Units Sold Average Selling $$ Avg Days on Market
2010 6513 $142,495 105
2011 6881 $140,656 120

The two tables below represent only the distressed property sales for 2010 and 2011 (short sales and foreclosures).

Foreclosures Only
Average Selling $$ Avg Days on Market
2010 1769 $83,136 60
2011 1566 $81,338 88
Short Sales Only  Average Selling $$ Avg Days on Market
2010 1242 $139,713 152
2011 1563 $125,092 175

Friday, December 30, 2011

Home Seller Tip - You are still selling "the house"…

This short note should probably be directed to the real estate agent selling your Brevard County, Florida home rather than you the seller.

Still, as a seller in Brevard County, you need to know this as well.

I just viewed an interesting listing with a front exterior view of the home as the first photo (an MLS requirement here) but the rest of the pictures exercise room, a community pool, and nearby golf course - all very nice pictures!

While we (real estate agents especially) are all selling the Florida lifestyle…its beaches, the Brveard County golf course…our great schools… the easy access to Orlando and its attractions… 

Ultimately, you are sellingYOUR HOUSE or CONDO.

Make sure the focus of your advertising (not the agent's) is  YOUR HOUSE or CONDO.

The lifestyle you offer is likely similar to the competing property down the street.  The focus must be on what makes YOUR HOUSE or CONDO different from the others.

If you are considering selling your Brevard County, Florida house or condo, please contact me for a free, no-obligation, market analysis!

Thursday, December 29, 2011

Check the Association Finances Before You Buy into a Community

As I was showing condos yesterday in Viera's Heritage Isle community one of the things I advised my customer was to make sure to check the association finances in any condo complex she considers a purchase.

Her response was typical of many buyers…"why?"
  • One of the appealing qualities about living in a condo community is the amenities.  Most complexes have pools, fitness rooms, clubhouse facilities and the like for the owners use (common elements).  These facilities are not cheap to maintain.
  • In a condo building/complex there are routine expenses like upkeep, electric, landscaping, gates).  
  • The association is usually providing property insurance and some services like basic cable, pest control or water/sewer in some cases.  
  • There are usually professional management expenses.  
  • The association is hopefully maintaining appropriate levels of funds for the inevitable roof replacement, painting, (fund for reserves) etc.
  1. The association belong to the owners.    
  2. The association obligations belong to the owners.  
Get too many units foreclosed, investor owned or with delinquent dues and then an association could be in real trouble if prospective buyers are going to require financing!

As a real estate agent I am not an attorney or CPA.  If you have questions about a condo association financial matter or the rules and By-Laws consult an appropriate professional.

If you are relocating to Brevard County or possibly considering a condo for a second home, give me a call or send me an email.

Home Seller Tip–If you take the scenic route, enjoy the view!

mapIn the old days (pre-GPS) we often had to rely on paper road maps.  Yes, Virginia, we really did!

And somehow I always seemed to end up taking the scenic route.  This is where I also confess I never stopped and asked for directions...that is giving up!

TOMTOMToday I continue to unintentionally take the scenic route even with the use of my genuine TomTom GPS (with a very fake sounding Homer Simpson voice telling me where to go!).

I can’t really blame Homer either…you see I sometimes will try to go it alone because I know the area somewhat. 

Sometimes even when I am using the GPS I choose to disregard the “recalculating” and continue on my own refusing any assistance whatsoever!

Sometimes I arrive where I intended.  Sometimes it becomes necessary to turn on the GPS after I have obviously made a wrong turn somewhere or have reached the point of maximum tolerance!

If you are selling your Brevard County, Florida home in this market as a for sale by owner (FSBO) you may find yourself on the scenic route or reaching a point of maximum tolerance!

It may be time to GPSGet Professional Support – hire a local Brevard County Real Estate Agent/ Realtor®.

And if your Brevard County home for sale listing has expired, maybe your GPS needs “recalculating.”

Call me if you are considering buying or selling your Brevard County, Florida house or condo!

If you are considering selling your home in Brevard County including short sales, email me if I can help in any way.

It is OK to ask for directions.........

Wednesday, December 28, 2011

Home Seller Tip: Missed opportunities in this market are not good - accommodate and be flexible.

Sometimes the hardest thing about selling a house in Viera is getting into it to show prospective buyers.

In a buyer’s market there are fewer buyers and more sellers.  During the holiday season, particularly the ‘tween Christmas and New Year’s Day period, the buyers who are looking are serious.

Still, some sellers insist on making it a challenge to show their homes.

Yesterday I showed about five homes although the original list included about four more.   A few more listings I wanted to show were not possible because..
  • Occupied, no lock box, owner must be present to showConfirmed appointment but owner is not at home!
  • Denied showing request because it’s the holidays and the house is a mess! [How about a temporary withdrawal during the holiday?]
  • Can’t show because office will not answer calls or return messages.
  • Occupied, gated, owner must be present and showing appointments allowed on Saturday and Sunday only.
  • Owner leaves town for holidays with the keys and will be back next month.  Hope the agent does not spend money advertising this one!
Not sure where we will end up today.  But we will see homes – maybe some new construction in Viera – after all the prices are really attractive in new as well!

Advice to sellers:  Missed opportunities in this market are not good  - accommodate and be flexible.

Sunday, December 25, 2011

So it is Christmas…

 Keep this day in proper perspective.... As one of my friends recently commented

“Christmas comes from the heart, not from a store.” 

May you enjoy today and all your tomorrows.   After all...It is a wonderful life - every day!

Saturday, December 24, 2011

Brevard County, Florida Residential Sales - 2010 vs. 2011 By Type of Sale (Short Sale, Foreclosure, Standard)

Contrary to perception, not all residential home sales are distressed sellers selling distressed properties (short sales, foreclosures/bank owned).  Everyone knows the Brevard County Florida real estate market is not healthy as 2011 ends.

But, based on the type of residential sales, how do we compare to 2010?  [The below data for 2011 was extracted from the Brevard MLS system on Dec 24, 2011 so the final numbers will change but not significantly I am sure.]

             Standard                Foreclosure              Short Sale


             Standard                Foreclosure              Short Sale


Where will 2012 lead?

No one knows for sure but with almost 1,600 residential properties under contract (contingent or pending), I believe the number of closings will be greater than this year.  Of these 1,600 properties there are almost 1,300 distressed properties – not a good sign for price.  And the unknown is how many more foreclosures will hit the market?

The bottom line - These pies probably will not shift much in 2012.

If you are considering buying or selling a home in Brevard County, Florida, please contact me to discuss how I can help.

Friday, December 23, 2011

Home Seller Tip - Can a home sell too quickly?

I was reading this morning about a seller who questioned his real estate agent’s recommended pricing of his about to be listed home.  This is likely a normal response to a comparative market analysis in Brevard County, Florida these days.

First of all, when selling your home, you establish the price not the real estate agent.  As a real estate agent I can show you the numbers – what is selling, what is sitting, what has expired in your area/neighborhood.

And then, with a little analysis the real market price should be apparent.   But it is you – the seller – who ultimately sets the price.

Now the real question…. Can a home sell too quickly?

A seller sets their own schedule.  Of course, if it is a short sale that is an entirely different story.

A home that sells quickly is one that is prepared properly and priced according to the market.  Where do people get the idea that a house must sit on the market 60 or 90 days to mean they were more successful?   Besides, Brevard County, Florida home prices are still in a decline.

Read the below articles about pricing your home to sell.  And, when you are ready to sell your Brevard County, Florida home or condo, call me or send me an email if I can assist in any way.



Thursday, December 22, 2011

Phillips Landing in Rockledge, Florida–Homes Sold Jan-Dec 2011

Last month I wrote here about how (finally) there were no distressed homes on the market in Phillips Landing subdivision in Rockledge.

I commented in that post about the seemingly endless supply of short sales and foreclosures on the market in Phillips Landing.
“It seems like for the past year or so there was always a distressed property (short sale or foreclosure) on the market in Phillips Landing in Rockledge.”
So what has the year 2011 been like for sellers and buyers in Phillips Landing in Rockledge? [Numbers include sales reported in MLS as 12/22/11.]

  • Homes Sold – 20
  • Homes sold that were short sale or foreclosure – 10
  • Average Selling Price – $163,865
  • List/Ratio – 96%
  • Average Days on Market – 73

For information on homes for sale in Rockledge, Viera and Melbourne, Florida send me an email or give me a call.

Wednesday, December 21, 2011

"Existing-Home Sales Continue to Climb in November" - Nice Headline But Real Estate is Local

I read an article this morning about existing home sales rose again in November 2011.   This was, of course, the big picture view presented by the National Association of Realtors®.

The Florida Today web site posted an article online this afternoon that “November posted the second-lowest total of existing homes sold this year and the lowest median price since March.”

Seventeen of Florida’s metropolitan statistical areas (MSAs) reported higher existing home sales in November 2011.  But, Brevard County home sales did not make the list.   Brevard County home sales have declined three months in a row.

So, when it comes to real estate, remember it is local.  Sure you will hear the big picture story but remember to dig a little deeper.

Gary L. Waters PLLC
Century 21 Baytree Realty
Rockledge, FL 32955

Tuesday, December 20, 2011

Home Buyer Tips: Once Budget Set, Available Properties are Limited.

I got an email from you.  You said you were moving to Brevard.  I sent you emails with listings that met your search criteria.

The homes were not located where you thought they should Viera and Suntree.

So you called another Realtor®.  That Realtor® called me to see if we had an arrangement.  He did not have to to do this but he is a professional.

I said no.

As a buyer, once your budget has been identified, your available properties are limited.

The limitations may be location, size of the home, age of the construction and price.  Some things are not easily changed. 

Click on these links for a few additional home buyer tips...


Monday, December 19, 2011

Average sales price for all closed sales - Brevard County, Florida November 2011

Average selling price of properties Brevard County, Florida year-to-date (through November 2011) vs. 2009, 2010.***

Average selling price of properties in Brevard County, Florida  (November 2009 vs. 2010 vs. 2011)***

***Current as of December 13, 2011. All data from the Brevard Multiple Listing Service. Provided by Florida REALTORS®. Powered by 10K Research and Marketing.

Turtle Creek Golf Course Townhouse - $75,000 Short Sale - Investors Take Note!

BEST PRICE FOR GOLF COURSE DIRECT! Short Sale. 2-story townhouse on fairway of Turtle Creek Golf Course in Rockledge, Florida.  MLS #T628794A

***Price reflects issues on rear wall (estimated repair about $15K based on owner est).

Diminishing Returns–Think Before Your Next Improvement

They are really not difficult to spot if you go looking.  The owner had their reasons I am sure.
It may now be the only 4,000 square foot home in a neighborhood of 1,500 sq.ft. ranch style homes.

Or, it may have started out as an 1,800 sq.ft. home but grew through the years as the owner’s needs grew.  Hint: Sell and move up!

This is not an economics lesson on increasing and decreasing returns.   I will leave that for academia.

But every home owner should consider the concept when considering a home improvement.

I have known some who wanted to increase the value of their home by putting a pool in the backyard.  The attitude of many who move to Florida is “since we live in Florida we must have a pool!”   I always say – put it in if you are going to use it.

There are not many improvements that will allow recouping 100% of the investment. (Are there any?)

But there are improvements that will help get your home sold.  Most of these are in the kitchens and bathrooms.

Decreasing returns relates to added improvements that do not add any value but it should also apply to not performing needed maintenance (repairs and preventive).

Saturday, December 17, 2011

Moving to Brevard County, Florida - Quick Facts

  • Population, 2010 – 543,376
  • Persons per square mile, 2010 – 535
  • Land area in square miles, 2010 - 1,015.66
  • Median household income, 2009 - $45,683
  • Persons below poverty level, percent, 2009 – 11.6%
  • Population, percent change, 2000 to 2010  - 14.1%
  • High school graduates, percent of persons age 25+, 2005-2009 – 89.9%
  • Bachelor's degree or higher, pct. of persons age 25+, 2005-2009 – 26.4%
  • Home ownership rate, 2005-2009  - 76.2%
  • Veterans. 2005-2009 75.1%
  • Persons per household, 2005-2009 – 2.4
  • Persons 65 years and over, percent, 2010 – 20.4%

Terramore Subdivision in Viera–Builder Reduces List Prices

Terramore subdivision is a gated community in the Villages of South Solerno in the planned unit development of Viera (Melbourne, Florida).   Centrally located near excellent schools like Viera High School, golf (Duran Golf Club),  shopping, health care facilities like Viera Hospital, Terramore is a great starting point for someone moving to central Brevard County, Florida.

While reviewing the MLS for changes this morning I noticed in the Terramore subdivision in Viera (Melbourne, Florida) the builder, D.R. Horton Inc., had lowered the price of three of its under construction models.

As a comparison of previous selling prices I looked at the Terramore homes sold since May 2011.  I noticed a decrease in price from the recent re-sales.

But, this is an apples to oranges comparison?  The three homes sold since May 2011 were built by Burgoon-Berger, a different semi-custom home builder.

Many of these Viera subdivisions have multiple builders so know who the builder is when looking at homes. 

The homes sold included -
  • 3431 Terramore Drive, a 4 bedroom 3 bath, 3 car garage  pool home, former model home, built in 2006, 2,825 sq.ft. selling price $300,000. [Foreclosure]
  • 3522 Terramore Drive, a 4 bedroom, 3 bath, three car garage, waterfront home, 2,510 sq.ft. under air, 2,510 sq.ft. built in 2008, selling for $315,000.
  • 3402 Terramore Drive, a 4 bedroom, 2.5 bathroom, two car garage, built in 2009, 2,352 sq.ft. selling for $275,000.
The homes currently for sale include -
  • 2,050 sq.ft. 4 bedroom 2 bath 2 car garage @ $235,155
  • 2,548 sq.ft. 4 bedroom 3 bath 3 car garage @ $272,525
  • 2,361 sq.ft. 4 bedroom 3 bath 2 car garage @ $254,945
For information on homes for sale in Viera, including new construction in other subdivisions, please send me an email or give me a call at 321-693-3850.

Friday, December 16, 2011

November 2011 Brevard County Florida Monthly Real Estate Activity

Monthly indicators for residential real estate activity by members of the Melbourne Area Association of Realtors® (current as of December 13, 2011) for November 2011.
  • New listings ↑ 7.1% (detached homes) 
  • New listings ↓32.5% (attached properties) 
  • Median sales prices ↓ 11.3%.  
  • Pending sales ↑ 35.9%
Monthly Indicators November 2011
All data from the Brevard Multiple Listing Service.  Provided by Florida REALTORS® by 10K Research and Marketing.

Selling Your Brevard County Florida Home - Tie Your Listing to the Median Days on Market.

When I talk with prospects about selling their Brevard County Florida home, it always comes up...  

"How long am I committed if I list my home with you?"
My initial response to the prospective  seller is....
"You can fire me at any time - penalty free."
In the Brevard County, Florida real estate market the median days on market for residential properties sold (as of November 2011) was 46 days.  Days on the market is an indication of time from listing to under contract - not closed which takes about 30-45 days depending on things like the type of mortgage involved.

This indicates that many are getting the home under contract quickly.
I get paid when I sell your house not by just having it on the market. 

When you are ready to sell your Brevard County, Florida home, call me at 321-693-3850 or email me.

How can you lose with a listing that is for a month and a half with a non-penalty fire me clause?   And, if necessary, we can extend the listing beyond the initial 45 days.

Selling Your Home - Curb Appeal Works Both Ways.

Much has been written about curb appeal.  It works two ways - from inside the home looking out as well!

I was just reading an article about a vacant lot that sold quickly.  What sold the residential lot according to the buyer's agent were the tremendous views.

I saw only one photo of the property.  The photo was a night time picture.  And it did not even include any of the property.

It was a shot of the town square below with all the shops lit up.   And then I wondered if the buyers saw it at night time.  I am certain they did.

Think about this when selling your house.  What will potential buyers see when they look out the front door or the lanai?

The current market is challenging enough without having buyers distracted by correctable issues.    It should be a real concern.  

Thursday, December 15, 2011

Ashwood Lakes and Ventana Subdivisions in Rockledge, Florida–Market Activity December 2011

Ashwood Lakes and Ventana subdivisions in Rockledge, Florida are located next to each other and consist of homes built about the same time (late 1990s -early 200s).  Excellent for commuters. they are situated about 15-20 minutes from Patrick Air Force Base, convenient to major north south routes (US 1 and I-95), great golfing, excellent schools, shopping, medical facilities and more. 

Ashwood Lakes and Ventana subdivisions share community amenities like the community pool, tennis courts, and basketball courts.  So it makes sense to discuss them together is a single market report. 

Currently there are five homes listed for sale  – three in Ashwood Lakes and two in Ventana.   The list price for active listings range from $137,500 to $329,900 (probably the largest in the neighborhood at 3,802 square feet with a pool).

Three of these active listings are short sales – two in Ashwood Lakes and one in Ventana.

Two homes have sold since November 28, 2011 - both in Ashwood Lakes selling for $149,900 and $155,000 (short sale).  Currently there are two homes under contract in Ashwood Lakes (one short sale) and one in Ventana (also a short sale).

Also nearby are some very attractively priced properties in Chelsea Park subdivision as well as at the very nice golf course direct subdivision down the street in Augusta Trace at the Turtle Creek Golf Course.

For information on Brevard County homes for sale, please contact me by phone at 321-693-3850 or email me.

Homes For Sale in Melbourne, Florida - Sonoma in Viera Market Activity in December 2011

There are currently seven active listings in Viera's gated community of Sonoma.

Two of these are short sales another indication that the active short sale inventory is decreasing.  [There are only 14 active single family short sale in Viera (west of I-95) decreasing).]

Active listings in Sonoma are priced from $289,900 (short sale) to $449,900.   These Sonoma homes are are large with all being either four or five bedroom properties.   Most also have a three car garage and all have a private pool.

Five of the six homes under contract in Sonoma at Viera are short sales – an indicator of where this development has been recently in this buyer’s market.

A further indication of where the Sonoma real estate market has been can be found by looking at the four most recent closingsall of which occurred after November 27, 2011. 

These sold properties included two short sales, a foreclosure and a single fair market sale.

The short sales were located at:
  • 2827 Mondavi Drive – 2,277 sq.ft. selling for $161,000
  • 4861 Meritage Place – 3,506 sq.ft. selling for $365,500
The foreclosure was located at 4181 Chardonnay Drive – a 1,578 sq.ft. pool home selling for $166,900.

For information on buying and selling a home in Melbourne, Florida, call me directly at 321-693-3850 or email me.

Buying a Home in Melbourne, Florida - The Internet is a good starting point but..

The Internet has its limitations. 

Like when it comes to photographs of listings and property descriptions.

[And then there are some  properties that have qualities that defy words!]

Even the MLS system has space restrictions that do not allow the lengthy narrative a property may require to fully convey its desirable qualities.

And then there are those Internet sites that assign an estimate of value to a property from who knows where using data that may or may not be recent.   And the local property appraiser site may not be up to date either.

Still, within its limitations the Internet is a great place to start searching for a home to purchase in Brevard County, Florida.

And then, after you have looked at the Internet, it is time to call a local expert.  As in local Realtor® and not an expert Uncle Johnny, neighbor or your boss at the office!

Don't want to search the MLS system for your ideal home?   Let me set you up with an automated search that will send only the listings meeting your criteria 

Tuesday, December 13, 2011

Sometimes selling is an uphill battle…Six things that can add to the challenge.

Here are six things that could make selling your home a a real uphill battle...

  1. if your street name includes the word pit
  2. if your street name includes the word hog
  3. if the directions include "when the pavement ends" 
  4. if your showing instructions include "friendly pit bull named Satan on premises" 
  5. if the description includes the words cozy, quaint or needs TLC 
  6. Finally, if your home is not priced competitively
The first five "issues" are not really that serious except for maybe number five.  But, number six is key.

Ultimately it is all about price!

Monday, December 12, 2011

Chelsea Park in Rockledge, Florida–Short Sales all under contract but still other choices in December 2011

Chelsea Park in Rockledge, Florida generates a lot of inquiries because of its location - excellent nearby schools, proximity to Viera, non-zero lot line yards, low HOA fees as well attractive prices!

Presently there are five short sales under contract awaiting closing in the Chelsea Park subdivision.  The list prices for these short sale properties range from $150,000 (two at this price!) to $210,000.   Add to the equation a foreclosure under contract with a list price of $182,900 and it appears the selling price in Chelsea Park should be at or below the $200,000 mark.

While it is true, in my opinion, the distressed properties influence price they do not set the market price for standard/fair market listings.

So what is the market price in Chelsea Park subdivision?  The above pending home sales reflect the discounted prices that come with distressed properties.   A closer depiction of the market right now is likely the recently sold homes as well as the current active listings.

Last month (November 2011) a home located at 393 Tunbridge Drive sold for $275,000.  This 3,235 sq.ft. home was a standard sale.  This five bedroom four bath pool home, three car garage, pool on the water was only on the market for five days.

In October 2011 a four bedroom three bath three car garage pool home at 238 Windsail Circle sold for $215,000 (2,369 sq.ft.) - on the market for only 14 days.

There are currently three active listings in Chelsea Park.  All of these 2000-2005 built four bedroom homes are large with 2,568 to 2,868 sq.ft. under air.  Priced from $209,000 to $299,000 these homes have been on the market an average of about 20 days (3, 11, 53 days each)

For information on homes for sale in Chelsea Park subdivision, please give me a call or send me an email

If you are considering selling your Chelsea Park home, let me do a free market analyze for you!

One of your Chelsea Park neighbors had this to say about my service...

"We contacted the closest Century21 and asked for their top agent.  Gary Waters contacted us, we interviewed him and were immediately impressed. Not only was his knowledge of the area superb, his communication was outstanding.  Gary sold our house 32 days after listing it and kept us informed."


Sunday, December 11, 2011

55+ Communities in Brevard County, Florida - Heritage Isle in Viera–Make Sure You Visit the Clubhouse!

While reviewing recent market activity for the condos at Viera’s Heritage Isle 55+ community  I noticed one of the agent notes  included the comment “Make sure you visit the club house!”

My initial response is who visits a gated 55+ community in one of central Florida’s most desirable planned unit developments and does not check out the amenities?

Sure, the condo unit (or single family home, for that matter) must sell itself but another big concern may be "What do you get in return for your condo association fees

[Click on the above link to read about the club house, etc.]

Currently there are eight condo units for sale in The Terraces at Heritage Isle.

All of these units are 2 bedroom 2 bath with a detached single carport.  List prices for the active units range from $99,000 to $129,900.  Four of these units are short sales.  The average list price for these condos is about $120,000.

For information on homes and condos for sale in Viera's Heritage Isle 55+ community, please contact me at 321-693-3850 or email me.

Friday, December 09, 2011

Home Buying Tips: Curb that emotion – Its a house not a puppy!

People approach buying and selling a home with much more emotion than is sometimes safe.
There is usually some  excitement that appears along the home buying process.  After all the hoops one jumps through to get a mortgage pre-approval, the opportunity to finally look at homes can be exciting!

There is usually less excitement that appears along the home selling process especially when a seller finds out how much their house is really worth.  The market sets the price, not the owner or the Realtor®. 

Buying and selling are stressful times for all parties to the transaction. Eventually the right decision is reached. 

Choosing the right real estate agent to represent you is key to a smooth transaction.

A good real estate agent can help curb the enthusiasm when emotions begin to get in the way. 

And once we have the transaction closed the emotions can go unchecked!

Westwood Subdivision in Rockledge Florida–Homes for Sale December 2011

Westwood subdivision in Rockledge, Florida offers large, newer homes at some very affordable prices. 

Since September 2011 there has only been one home sold in Westwood937 Whetstone Place, a four bedroom two and half bath three car garage home with 3,050 sq.ft.. under air selling for $243,000 (less than $80/sq.f.t for a 2009 built property).

Currently there are five properties listed for sale in Westwood subdivision.  List prices for these properties range from $179,990 to $359,100.  There are two short sales among these listings – both under $200,000.

Square footage (under air conditioning) is one way buyers can compare properties.   In this development there are three listings with 2,745, 2,745, and 2,799 square foot under air each.  The list prices are $194,300, $234,000 and $359,100.  Three are four bedroom homes (with office/spare room) and the other is a five bedroom.  One has a pool while the others do not have a pool.

So how can an individual wanting to buy a home in Rockledge, Florida compare these homes without seeing the inside of each? 

If you are shopping for a home in Rockledge or Viera, Florida and you are in this price range, see these Westwood homes.

Better yet, if you are not working with a Realtor®, call me at 321-693-3850 or email me if I can assist in any way.

Thursday, December 08, 2011

Fairway Lakes at Viera–Golf Course Homes in the $400,000s

Fairway Lakes at Viera–Golf Course Homes in the $400,000s – except for one listing that is $250,000 higher than the restThat is the complete title.

Fairway Lakes at Viera is one of the newest gated communities in Viera, Florida offering executive homes directly on one of the area’s finest golf courses – Duran Golf Course.

Currently there are six homes for sale in Fairway Lakes.  Back in April 2011 there only four active listings.  These listings include one in each price range – $400K+, $500K+, $600K+ and $700K+.

Five of the six Fairway Lakes homes on the market are under priced $500,000.  The list price for these five homes range from $409,540 to $499,999 and vary in size from 2828 to 3,822 sq.ft. under air.

Two of the homes for sale are new construction.   For information on new construction homes in Fairway Lakes, just give me a call or drop me an email.

The seventh home is “different.”  It is a 4,049 sq.ft., five bedroom five bath pool home with a three car garage that has been listed for $749,000.   As a way of comparator two other similar homes (5/5/3 with pool) sold in July 2011 and October 2011 for exactly the same price - $600,000.  

For information on homes for sale in the Duran Golf Course neighborhoods of Wyndham at Duran and Fairway Lakes, please contact me at 321-693-3850 or email me.

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