Since March 1, 2012 there have been 59 single family homes sold in the Viera area (Melbourne, Florida). Of these only seven were distressed properties – a good sign for sellers (five short sales and two foreclosures).
The average selling price during this period was slightly above $201,000 with sellers getting 95% of list price. And many of these offers were cash transactions with almost thirty of these being cash transaction (27 were conventional mortgages).
If you are considering a home purchase in Viera you will need this information about the Viera market…..inventory isn’t overflowing at this time.
There are 209 active single family listings in Viera.
Of these 15 are short sales, 3 are foreclosures, and 93 are located within one of Viera's three 55+ communities.
If you are not in the market for one of these then you only have 98 others from which to chose your next home.
If you drive around the Viera area you may see a lot of real estate signs in front yards but many of these are under contract already (136 of them).
If you are considering a home purchase in Brevard County, Florida give me a call if I can assist in any way.