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Wednesday, January 22, 2014

Heritage Isle Market Update January 2014

Heritage Isle, the premier 55+ community in Viera, Florida offers home buyers several residential options including condo, villa and single family homes.

 For information on the Heritage Isle community check out this article.

Since December 1, 2013 there have been fourteen properties sold within Heritage Isle.

Of these, three were condominium units which sold for $121,000-$129,000.  All three units were two-bedroom two-bath units with about 1100 square feet under air (one was a short sale).

There were two patio style homes sold in December.  Both of these were two-bedroom two-bath one car garage homes with 1,407 square feet under air.  Selling prices were $141,000 and $152,000.

Nine single family detached homes sold in December.  The selling prices ranged from a low of $178,000 (foreclosure) to $345,000.   Most of the homes sold were three-bedroom two-bath two-car garage units. Three were new construction and the remainder resales.  Five of the sales were priced in the $200,000 to $240,000 range with the average selling price being about $225,000.

Currently there are 30 properties listed for sale in Heritage Isle community.

There are four condo units listed for sale at this time.  Of these, only one is a standard sale. Two are foreclosures and one is a short sale.  Prices for these condo units are all within a small range between $119,900 and $125,000.

There are there six patio style homes on the market with prices ranging from $133,000 to $152,500.  All are two-bedroom two-bath one-car garage units with about 1,400 ft.² under air.  All our regular sales except for one short sale ($133,000).

There is one half duplex listed at this time.  Half duplex homes are not very common in Heritage Isle. This three-bedroom two-bath two-car garage unit has 1,835 ft.² under air and is offered at $197,500.

All 19 of the single-family homes for sale are standard listings.  List prices range from $217,900 to $479,900.  Homes priced above $400,000 are not very common Heritage Isle with these usually having 3,000+  square under air, four or five bedrooms, three or four bathrooms and three car garages.  Nine of the homes for sale are priced below $260,000.

For information on homes for sale in the Heritage Isle community please call me at 321-693-3850 or, if preferred, send me an email.


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