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Friday, July 06, 2012

Condos for Sale–Heritage Isle 55+ Community in Viera - June 2012 Condos Sold

100_5237 Heritage Isle, Viera Florida's premier 55+ community, offers home buyers a choice between single family detached homes, villa style patio homes and condominium living.

This is a summary of the condo market in Heritage Isle.   

For a summary of the single family homes sold in June 2012 and for sale, click here.

Two Heritage Isle condos units sold in June 2012 - a 1,232 sq.ft. unit for $112,500 and a 1,408 sq.ft. unit for $123,000.

Since January 1, 2012 there have been only five condos sold at Heritage Isle.  The selling price for all of these units was between $100,000 and $123,000 with the 1,400+ sq.ft. units commanding the higher prices (at or above $115,000).

The below table reflects average listing price and average selling price for units sold over the previous 12 months as recorded in the Brevard MLS system.

Unit Sq.Ft.
(all 2BR/2Bath)
Average List Price Average Selling Price
1,194 $101,100 None Sold
1,232 $102,500 $106,083
1,408 $127,666 $121,600

Another three condo units went under contract in June as well – an indicator buyers are recognizing inventory is low and prices may start to increase?

Currently there are five condo units listed for sale in Heritage Isle.  These units are priced from $92,000 to $125,000.  Two of the listings are short sales.  Three of the units are listed at $112,500 and less.

There are four condo units under contract at this time.  Three are short sales and the other unit is corporate owned.

For information on condos for sale in Heritage Isle in Viera, send me an email or call me directly at 321-693-3850.

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