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Saturday, March 03, 2012

55+ Communities of Viera Florida – Which community sold the most in 2011? Which has more on the market in 2012?

In Viera (Melbourne, Florida) there are three 55+ communitiesHeritage Isle, Indian River Colony Club (IRCC), and Grand Isle.

Each of these communities is different from the others in many ways.  This reflects the differences in preferences and lifestyles by the residents.

I have written several times in the Brevard County real estate blog about the differences in Viera’s 55+ communities and things to consider when choosing a 55+ community.  A link to several of these articles is provided here.
Here is a summary of the number of properties sold in 2011 as reported in the Brevard MLS system.
  1. Grand Isle – Twelve homes sold with an average selling price of $191,921.  Ten of these closing were reported as cash transactions.
  2. Heritage Isle – Sixty-four homes sold with an average selling price of $181,495.  Forty of these were reported as cash transactions (includes new construction).
  3. Indian River Colony Club (IRCC) – Forty-two closing with an average selling price of $112,800 (35 cash deals).
How many homes are listed for sale in these 55+ communities (as of March 3, 2012)? 
  1. Grand Isle – 6
  2. IRCC – 81
  3. Heritage Isle - 30
For information on buying and selling homes in Brevard County, Florida 55+ communities send me an email or give me a call!



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