Real Estate Data and Analysis, June 2017, Viera, FL

Viera FL Real Estate Market Data

Viera, FL Real Estate Market Data - As of June 1, 2017

A snapshot of Viera, FL real estate market data as 6/1/17. The data set includes total number of properties on the market, percentage of pending sales and rentals, high and low price points and percent change from the previous month's data. This Viera real estate data is intended to provide a high-level overview of the health of the real estate market in Viera, FL. Some analysis and insights are provided below the data.

Real Estate Market Data

Residential Sales

  • Total Homes For Sale: 293   +11.4%
  • Homes With Sale Contract Pending: 116   +24.7%
  • Percentage of Homes Pending Sale: 39.6%   +4.2%
  • Price Range of Available Homes For Sale: $85,000 - $1,550,000
  • Location of Lowest Priced Home For Sale: Three Fountains at Viera Condominiums
  • Location of Highest Priced Home For Sale: Summer Lakes

Residential Rentals

  • Total Homes For Rent: 69   +38%
  • Homes With Rental Contract Pending: 15   +50%
  • Percentage of Homes Pending Rental: 21.7%   +1.7%
  • Price Range of Available Homes For Rent: $900 - $3,200
  • Location of Lowest Priced Home For Rent: The Lakes at Viera East Condominiums
  • Location of Highest Priced Home For Rent: Colfax Landing

Real Estate Data Analysis

The total number of homes for sale in Viera has increased over 11% since the previous month's data. The percentage of homes under contract has increased significantly since May with an increase of almost 25%. The net difference since May's data is a 4.2% increase in the percentage of homes under contract. So, even though there were more homes for sale in Viera as of June 1st compared to the prior month, the number of homes under contract has also increased, still showing a robust and active real estate market in Viera, FL. Another way of looking at the data is for every 10 homes for sale in Viera as of June 1st, 2017, 4 of those homes were under contract.

The most expensive home for sale remained the same and the lowest priced home this month is located in Three Fountains at Viera Condominiums.

Homes for rent also saw a large increase this month. Total homes for rent went up 38% and homes with pending rental contracts went up 50% since May 1st, 2017. The least expensive home for rent this month is located in The Lakes at Viera East Condominiums for $900 per month and the most expensive home for rent is located in Colfax Landing and is priced at $3,200 per month.