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Saturday, December 03, 2011

Summer Brook Melbourne Florida–Homes For Sale/Sold November 2011

Summer Brook subdivision is a deed restricted development in Melbourne, Florida in a great location just south of the Pineda Causeway.  This is a great location for anyone working at Patrick Air Force Base or any beach side employer.
There are currently four homes for sale in Summer Brook priced between $175,000 (a new listing very attractively priced) to a high of $259,000.

All the active listings are over 2000 sq.ft. (under air) with the largest being 2,937 sq.ft.   Homes in the Summer Brook development were constructed between the early 1990s to about 2001'  are concrete block construction, and larger than many of the nearby communities.  Likewise, lots are not zero lot line and run about .2 acres+/-.

Convenient to excellent schools like Sherwood Elementary. Delaura Middle School and Viera High School (verify assignment, before purchasing any home.) Brevard Community College – Melbourne Campus,  Summer Brook should be considered by anyone looking to purchase a home in the Pineda area.

As for the real estate market in Summer Brook over the past year, it appears to be a development that has escaped the distressed market for the most part.

Over the past year  I could find only a single foreclosure and one short sale (currently under contract) in the MLS system.

Sold prices so far for all the 2011 year range from $175,900 to $244,000. 

The most recent sale in Summer Brook was 2755 Summer Brook St. a 2886 sq.ft. 4/2.5/2 with pool selling for $232,500 on November 30,2011.   This was only on the market a week proof pricing a property correctly still works even in November!

For information on homes for sale in Summer Brook, Grand Haven, Deer Lakes or any of the Pineda area developments, please give me a call or send me an email.

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