As promised

As I mentioned in last post, following are the last sales figures for Merritt Island and Viera.

Jan 1, 2007 thru May 30th 2007 there were 184 properties sold in Merritt Island. The prices ranged from $65,000 to $2.275M. In our MLS system we didn’t include short sale stats in 2007.

Jan 1, 2008 thru May 30th 2008 there were 151 properties sold in Merritt Island. The prices ranged from $41,000 to $2.8M. Of these sales 8 were short sales or foreclosures.


Jan 1, 2007 thru May 30th 2007 there were 286 properties sold in Viera. Prices ranged from $112,000 to 1.075M this was the only home over 1M sold during this period.

Jan 1, 2008 thru May 30th 2008 there were 231 properties sold in Viera. Prices ranged form $80,000 to 1.4M, in this time period there were 4 properties sold over 1M. Of these sales there were 16 short sales or foreclosures.

A couple of my favorite picks in Merritt Island are as follows they are in the higher price range, the multitude of choice in the low and medium priced homes are endless.

#1 is a short sale located on the Banana River. This home has over 5000 sq ft, pool, and 3 car garage and built in 2006. This home is priced at $929,900. It is a short sale so you have to be patient if you are the buyer.

#2 is a home built in 2006. The home has over 3500 sq ft with pool, 3 car garage with RV or boat space. This home is priced at $995,000. This is not a short sale so conventional closing will occur.

#3 is a home also on the Banana River. Priced at $849,000, it contains over 2400 sq ft with pool, 2 car garage and the views are amazing.

Next time we will explore Viera. This is a new community with upscale shopping and dining. Most shops are new and most properties are newer. The community has many golf opportunities as well as being convenient to everything. Why they even have a super Wal-mart and a super Target.

Stay in the game.

Jim Bagwell