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Tuesday, March 08, 2016

Homes For Sale in Rockledge, Florida - March 2016

As of today there are about sixty single family homes for sale in Rockledge, Florida.  Listing prices range from $49,900 to $950,000 with a median list price of $200,000.  (This does not include the listings in the 32955 zip code which runs into part of Viera.)

The market update provided below is for only three of the larger subdivisions in Rockledge: Phillips Landing, Chelsea Park and Three Meadows.   All three of these developments are within two to three miles of each other near the southern border of Rockledge (nearer I-95 and Viera).  

Market Update Phillips Landing Rockledge

Currently there are three homes for sale in Phillips Landing subdivision in Rockledge with list prices from about $225,000 to $250,000.   Two homes are very similar in age, total square footage under air (almost 1,900) and design.  Like most competitively priced homes the price difference is about $15,000 and can easily be deduced.  The third home listed is larger, newer and just listed March 8, 2016.

Over the past six months there have been ten homes sold in Phillips Landing as reported in the Brevard  MLS system.  The selling prices for these homes (all fair market sales) ranged from $200,000  to $289,900. 

More recently there have been two homes sold in Phillips Landing.  Homes sold since January 1, 2016  included:
  • 3302 Merrick Avenue - This 2005 built four bedroom two bath two car garage home sold for $215,000.
  • 1800 Bridgeport Circle - With 2,919 square feet under air, this two story home built in 2012, offered four bedrooms two and a half bathrooms with a two car garage and sold for $289,900.
What is the market like in Phillips Landing?

Both of these homes were on the market for less than two weeks.  If you are thinking about selling your Phillips Landing home and moving up to a larger home, this is the time.  If you are ready to buy in Phillips Landing, its time to start looking!

Market Update Chelsea Park Rockledge

Currently there are four homes for sale in Chelsea Park subdivision.  List prices for these standard sales range from about $225,000 to $319,000.  Home size varies considerably from just under 1,600 sq.ft to slightly over 2,700 square feet.  The largest home listed in a two story home while the others are the more common single floor design.  None of these homes for sale in Chelsea Park have a pool but most lots in are large enough to accommodate a pool.

Over the past six months there have been six homes sold in Chelsea Park.   Five of these sales were standard sales while one was a short sale.  By the way, short sales and foreclosures are much less common in the current seller's market.  Selling prices for these homes ranged from $225,000 (the short sale) to $293,000.
The most recent sales in Chelsea Park occurred in December 2015.  Homes sold in December included:
  • 294 Tunbridge Drive - 2,416 sq.ft. four bedroom two bath two car garage home built in 2005 sold for $293,000 on 12/02/15. 
  • 451 Stonehenge Circle - 2,108 sq.ft. four bedroom two bathroom two car garage home built in 2001 sold for $243,000 on 12/29/15.
Market Update Three Meadows Rockledge

Currently there are five homes for sale in Three Meadows.   List prices range from $199,000 to $289,900.  Homes currently for sale in Three Meadows seem to gravitate toward one of two different  price points separated by about $50,000.  The three lowest are priced below $230,000 and then two are priced at or above $280,000.  All of the listings are fair market sales.

Over the past six months there have been fourteen homes sold in Three Meadows subdivision.  Selling prices ranged from  $137,500 to $280,000.  There were three foreclosures among these sales with the remainder being fair market sales.

Since February 1, 2016 there have been seven homes sold in Three Meadows.   These homes were all built between 1988 and 2001.  (Of the three subdivisions Three Meadows is the oldest with Phillips Landing being the newest.)   Homes sold included:
  • 1209 Meadow Lake Road - $155,000, 3 bedroom 2 bath 2 car garage, 1511 sq.ft.
  • 1252 Sleepy Hollow Lane - $178,000, 3 bedroom 2 bath 2 car garage, 1606 sq.ft.
  • 1260 Sugar Maple Way - $219,900, 3 bedroom 2 bath 2 car garage with pool, 1785 sq.ft.
  • 1212 Sugar Creek Lane - $223,000, 3 bedroom 2 bath 2 car garage with pool, 1943 sq.ft.
  • 1231 Weeping Willow Lane - $226,000, 3 bedroom 2 bath 2 car garage, 1806 sq.ft.
  • 1115 Sunday Drive - $257,000, 4 bedroom 2 bath 2 car garage with pool, 1688 sq.ft.
For information on homes for sale in Rockledge, Florida, call or text me at 321-693-3850.

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