February Market Report for Viera, Suntree, Rockledge, Florida areas

I posted a blog this morning that talked about the market activity last month for the entire Brevard County area. This post specifically covers the are of Viera, Suntree (includes Baytree National Golf Links development) and Rockledge.

There are lots of homes on the market at this time, both new construction and re-sales. Total active listings as of this morning are about 1,165 units. These include single family detached, town homes, and condos. Prices range from just below $100,000 to more than a million dollars. There are golf course homes, gated communities, 55+ communities, new construction....you name it!

Although only 40 units sold in this area, compared to the county averages, the numbers (prices) are higher and days on the market are less. With homes selling for about 93% of list price it does look like that sellers are negotiating. It appears to me that the list prices have become more realistic as well.

Briefly, some of the numbers.....

Homes Sold Viera, Suntree and Rockledge Feb 08 -40
Average Selling Price - $353,999
Average Listing Price - $380,375
Average Days on the Market - 100
Median Selling Price - $306,750
Median Listing Price- $333,245

If you would like information on the Viera, Suntree or Rockledge market, please contact me at agent@moving2brevard.com . Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Melbourne, Florida.

{Numbers quoted in this post were obtained from the Brevard County MLS system.}