"With a market where the prices are still falling a bit my guess is the price of a home in Indigo Crossing is about….$150,000 +/- five or ten thousand depending on condition variances."
Now, two months later, I am going to see if things have changed in Indigo Crossing.
Let’s see…. there are now seven active listings which includes three short sales. Four of the listings are 1,911 sq.ft. – the same as the four short sales that sold over the past three months for $138,000 to $160,000.
There are also four 1,902-1,911 sq.ft. short sales under contract with list prices of $145,000 to $170,000.
The active listings are priced at $149,000*; $194,900; $198,000; $225,000*, $219,000*; $179,000 and $187,300. [*=short sale] The two properties over $200,000 are larger than the others (2,200-2,300 sq.ft.).
The big question is with the last four sales around the $150,000 mark, what will buyers pay after all the short sales are gone?
I doubt the increase will be rapid or significant, if at all!
If you are considering buying or selling in Indigo Crossing in Viera West, call me directly at 321-693-3850 or email me.