During the 2010 year there were ten homes sold in the gated Viera, Florida subdivision of Ravencliffe with an average selling price of $308,753. Still the year ended on a slow note as no homes were sold in November or December although six were actively on the market.
Of the ten sold in 2010 there were two short sales and one foreclosure property. The average selling price of the standard sales was slightly above $322,000 which reflects the impact a few distressed properties can make on the average selling price in any development.
Of the six homes currently on the market there is one short sale listed at $300,000 which is $35,000 less than the next higher priced home.
With four homes on the market for less than $360,000 Ravencliffe definitely deserves your consideration if buying a home in Viera is in your plans.
With the two highest priced listings above $489,000, perhaps a few of the other communities deserve consideration as well if your budget is around $500,000, the Fairway Lakes at Viera may be a consideration with four homes (some new construction) priced at $505,000 and less.
For information on homes for sell in Ravencliffe and Fairway Lakes at Viera, call me directly at 321-693-3850 or email me.