Since there are 329 single family homes for sale in Viera and Suntree I thought I would see what the lowest priced 25 offered. I did discard two very low priced properties that were basically being sold at huge discounts due to condition.
Of the top 25 (actually 27 as three at top price ) lowest priced single family detached homes in Viera and Suntree there are 16 short sales and a foreclosure (68% considered distressed properties).
These do not include properties within 55+ communities. The picture would be distorted as the 55+ community of Indian River Colony Club has fifty properties under $160,000 (18 under $120K).
So here are a few observations about the 25 lowest priced properties for sale in Viera and Suntree:
- Prices range from $95,000 to $159,000.
- Year built runs from 1979 to 2004 with nine constructed after 1999.
- All are located east of I-95 except for two located west side.
- Ten have been on the market more than six months.
- Wide distribution with no particular subdivision having more than a few: Hammock Trace (3), Auburn Lakes (2), Bayhill (3), Cross Creek (2), Holiday Springs (2)
For information on homes for sale in Viera and Suntree, give me a call at 321-693-3850 or email me.