For example, take Indigo Crossing in Viera, Florida in central Brevard County, Florida.
Since December 30, 2010 there have been only four homes sold.
- First of all, they are all 4 bedroom 2 bath 2 car garage with approximately 1,900 +/-sq. ft. under air. (This is one of those developments where there are only so many different floor plans (cookie cutter).
- The selling prices were $155K, $160K, $160K and $150K. Easy math here, about $156K average.
- There are currently four 1,900 +/- sq.ft. 4/2/2 short sale properties under contract with an average listing price of $148K.
So, if you intend to sell or purchase in Indigo Crossing I am doubtful you will encounter any surprises.
There are three listings in Indigo Crossing with two of them being 1,900 +/- sq.ft. listed at $145K and $160K – both short sales.
And there is also one of those outliers – another house listed at $289,000. Sure it is a 4/2/2 but it has a pool and about 300 more sq.ft. but…
For information on buying or selling a house or condo in Viera, Florida, give me a call directly at 321-693-3850 or email me.