According to the Melbourne Association of REALTORS here in Brevard County Florida Real Estate Statistics for August 2009 are as follows:
For single family residential units:
There were 554 new listings.
This is a decrease of 7.82% from August 2008 of 601 new listings.
Year to date in 2009 there have been 4695 new listings.
Year to date in 2008 there were 6237 new listings.
There were 298 sold listings.
This is a 4.40% decrease from August 2008 of 312 sold listings.
Year to date in 2009 there are 2459 listings sold.
Year to date in 2008 there were 2188 listings sold.
The average sale price in August 2009 was $152,161.
This is a decrease from August 2008 of $186,397.
Average days on the market were 127 days.
This is an 8.55% increase from August 2008 of 117 days.
For all properties, including single family residential, condo and townhouse:
There were 869 new listings.
There were 365 sold listings.
Average sales price was $152,161.
Average days on the market = 127
Types of financing used:
106 conventional financing
155 cash
92 FHA
26 VA
2 Exchanges
1 Owner financing
This article is authored by
Sandy Shores REALTOR®, Melbourne/Palm Bay FL Real Estate
Brevard County Real Estate & Investing
I also buy, sell, rent, own and manage Investment Property.
that for you
Hi Sandy
It appears that your market is moving in the right direction.
Good luck and success.
Lou Ludwig
Hi Lou, Different segments of the market are moving at different speeds. Our under $120K properties are sellng quite briskly.
Sandy,
Great work on the market update...
Ann
Ann, Thank you M'am. I appreciate you taking the time to read it. Hope you are well!
Sandy,
Yes, I am doing well... All this celebrating and working so much fun!! Next month will be even more fun... In October, there are so many birthdays, we get tired of cake!!!
If I ever stop the celebrating I might get my market update completed..;-)
Ann