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Friday, April 22, 2011

Top 25 Lowest Priced Homes For Sale in Viera and Suntree, Florida

Earlier this week I posted an article about the Top 25 Highest Priced Homes For Sale in Viera West – A Half Million is all it takes to make the list!

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)
With hundreds of properties for sale in Viera and Suntree, there are homes for any budget!  There are gated communities, 55+ communities, golf course communities, communities near schools, communities near shopping, and the list goes on.

For information on homes for sale in Viera and Suntree, give me a call at 321-693-3850 or email me.

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