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Monday, November 21, 2011

Indigo Crossing in Viera– In November 2011 “Distressed Properties” Still Dominate

Indigo Crossing in Viera continues to be primarily a short sale market as Thanksgiving 2011 approaches.

In the last six months there have been nine homes sold in Indigo Crossing in Viera.   Of these seven were short sales with an average selling price of $158,000.  One other sale was an investor flip of a foreclosure picked up earlier.

Currently there are four homes under contract in Indigo Crossing.  Three of these are short sales; the other a foreclosure.

There are two homes for sale in Indigo Crossing today.   One is a short sale listed at $159,000.  Is that a reasonable list price?  (See paragraph two above.)

The other is a standard sale listed at $164,900.  Is that a reasonable offering price?  Probably. (See paragraph two above.)

Many of these homes are very similar as are most in the Indigo Crossing community.   Eleven of the fifteen discussed in this article have about 1,900 sq.ft. +/- 10 feet.

For information on buying and selling homes in Indigo Crossing as well as in any of Viera’s communities, call me directly at 321-693-3850 or email me.

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