There are currently seven active listings in Viera's gated community of Sonoma.
Two of these are short sales another indication that the active short sale inventory is decreasing. [There are only 14 active single family short sale in Viera (west of I-95) decreasing).]
Active listings in Sonoma are priced from $289,900 (short sale) to $449,900. These Sonoma homes are are large with all being either four or five bedroom properties. Most also have a three car garage and all have a private pool.
Five of the six homes under contract in Sonoma at Viera are short sales – an indicator of where this development has been recently in this buyer’s market.
A further indication of where the Sonoma real estate market has been can be found by looking at the four most recent closings – all of which occurred after November 27, 2011.
These sold properties included two short sales, a foreclosure and a single fair market sale.
The short sales were located at:
- 2827 Mondavi Drive – 2,277 sq.ft. selling for $161,000
- 4861 Meritage Place – 3,506 sq.ft. selling for $365,500
For information on buying and selling a home in Melbourne, Florida, call me directly at 321-693-3850 or email me.