Heritage Isle Condos in Viera–Market Activity through June 8, 2011

Back on March 26,2011  I posted a market report about the Heritage Isle condos in Viera's popular gated 55+ community.

After reviewing the recent activity in the Heritage Isle condo market I chose to just edit the March 2011 report to emphasize the changes in the market.

The original text is in black print with the current status is the blue print.

I am not sure why - can't be the prices - the condos at Heritage Isle, Viera, Florida's premier 55+ community, seem to be taking forever to sell!
 
Presently there are fourteen fourteen condos listed for sale.  Of these, there are three four short sales.

Listing prices for the condos in Heritage Isle range from $99,950 $89,000 to $139,900 $135,000.  With seven eight of the active listings at Heritage Isle priced at or below $120,000, it is obvious the prices are going to stay down for a while. 

So what has happened in the previous several months…list prices have fallen and the last sale was on March 23, 2011 for $109,000. 


 For information on homes and condos for sale in Heritage Isle (or Grand Isle – Viera’s other Lennar built 55+ community – call me directly at 321-693-3850 or email me.