According to the Melbourne Association of REALTORS® statistics are as follows for South Brevard County FL Real Estate:
Currently there are:
5286 residential listings for sale
1430 rental listings available
1417 condos for sale
390 townhouses for sale
109 income producing properties
2470 vacant parcels for sale
For all South Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:
There were 944 new listings.
There were 311 sold listings.
Average sales price was $141,125.
Highest price sold was $1,325,000.
Lowest price sold was $ 1,500.
Average days on the market were 119.
For July 2010 for single family residential units:
There were 689 new listings.
This is an increase of 20.88% from July 2009 of 570 new listings.
There were 256 sold listings.
This is an 30.43% decrease from July 2009 of 368 sold listings.
The average sale price in July 2010 was $138,134.
This is a decrease of 15.70% from July 2009 of $163,869.
Average days on the market were 107, a 7.00% increase from July 2009 of 100 days.
Types of financing used for South Brevard County single family, condos, and townhouses:
159 cash
81 conventional financing
63 FHA
16 VA
0 Exchanges
2 Owner financing
Brevard County Real Estate and Investing
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that for you
Nice rundown. Thanks
Thanks Woody. much appreciated.
And all of this fact finding at the beginning of a new dawn. Have a fabulous day Sandy!
Kevin, Got'cha, and I know that I can't pull one over on you very often. However, this gorgeous picture was actually taken on the Indian River facing west, sooo it is a picture of the sun setting and not the sun rising. In Melbourne Beach it's hard to tell, we can watch the sun rise over the ocean or walk across the street and watch the sun set over the river. What a great place to live! Thanks Kevin - hope it's a great one for you too!
Sandy
Thanks for sharing the market report for Brevard County Florida.
Good luck and success.
Lou Ludwig
Sandy - Seems like quite an oversupply and a declining market. Your days on the market is short, though!
Hi Sandy, wow those are some down figures. Any gut feeling for where your market is going the rest of the year?
Am I reading that right? 5286 listings in July and only 256 solds? If so, that is a frightening stat.
Sandy,
$1500??? WOW! What kind of house was that??
Ann Hayden in Wildwood, MO
Sandy - We can all hope the July stats are a blip that is indicative of the ending of the First Time Homebuyer Tax Credits. The coming months will tell us whether this baby can fly on its own. Much will depend on the employment picture, and consummer confidence! I love that picture of the sunrise or sunset by the way!
Looking at these numbers, I see a lack of 1031 Exchanges. Is this a trend?