According to the Melbourne Association of REALTORS here in Brevard County Florida, Real Estate Statistics for February 2009 are as follows:
For single family residential units:
There were 556 new listings.
This is a decrease of 34.82% from Feb 2008 of 853 new listings.
Year to date in 2009 there were 1262 new listings.
Year to date in 2008 there were 1779 new listings.
There were 252 sold listings.
This is a 13.51% increase from Feb. 2008 of 222 sold listings.
Year to date in 2009 there were 465 listings sold.
Year to date in 2008 there were 383 listings sold.
The average sale price in Feb. 2009 was $159,513.
This is a 26.18% decrease from Feb. 2008 of $20,879.
Average days on the market for Feb. 2009 were 97 days.
This is a 19.17% decrease from Feb. 2008 of 120 days.
For all properties, including single family residential, condo and townhouse:
There were905 new listings.
There were 293 sold listings.
Average sales price was $124,131.
Average days on the market were 212
Types of financing used:
80 conventional financing
140 cash
58 FHA
3 Owner financing
This article is authored by
Sandy Shores, Melbourne FL Realtor
Brevard County Real Estate & Investing
Palm Bay Florida Real Estate News
that for you
Sandy,
WOW! 140 cash deals?
Your market reports are so easy to read. Do you mind if I use your format to create mine?
Ann Hayden in rain soaked Wildwood, Missouri
Sandy, Each time I read that finance stat and the Cash purchase percentage, I am shocked to say the least...
Ps I answered my sons height question you asked on my blog earlier.