Melbourne Real Estate News, Brevard County FL Real Estate by Sandy Shores REALTOR®

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Brevard County Real Estate Market Report - August 2010

Brevard County Real Estate by Sandy Shores RealtorAccording to the Melbourne Association of REALTORS® statistics are as follows for Brevard County FL Real Estate:

Currently there are:

5257 residential listings for sale

1511 rental listings available

1358 condos for sale

 366 townhouses for sale

 110 income producing properties

2472 vacant parcels for sale

Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:

There were 801 new listings.

There were 328 sold listings.

Average sales price was $143,603.

Highest price sold was $1,950,000.

Lowest price sold was $ 1,667.

Average days on the market were 127.

For single family residential units:

There were 579 new listings.

This is an increase of 4.51% from August 2009 of 554 new listings.

There were 312 sold listings.

This is an 18.27% decrease from August 2009 of 312 sold listings.

The average sale price in August 2010 was $159,244. 

This is a decrease of 4.09% from August 2009 of $166,029.

Average days on the market were 103, a 8.04% decrease from August 2009 of 112 days.

Types of financing used for South Brevard County single family, condos, and townhouses:

178 cash

 73 conventional financing

 63 FHA

 19 VA

  1 Exchanges

  6 Owner financing

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I specialize in Brevard County Real Estate - Residential, Investment & Relocations.

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Comments

Sandy - Your market is fighting, just like the rest of Florida.  I think we have years to go to stabilize.  Great report.

Posted by Wendy Rulnick "Its Wendy!" Destin FL Short Sales (Rulnick Realty, Inc.) over 1 year ago

Sandy

Thanks for sharing the market update for Brevard County Florida.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO, (Ludwig & Associates) over 1 year ago

Sandy - Looks like for sale listings are creeping up while rental listings are decreasing. Nice report!

Posted by Gary L Waters PLLC- Broker Associate Realtor® Melbourne Viera Rockledge FL (Century 21 Baytree Realty, 1211 Admiralty Blvd, Rockledge) over 1 year ago

Hi Sandy, I'm not sure about the numbers, but the photo is absolutely stunning!

Posted by Mary Douglas, REALTOR ®, Red Feather Lakes, Colorado (United Country Ponderosa Realty) over 1 year ago

Hi Wendy, I love the way you put that - our market is fighting. I agree.  And I also agree that it's going to take some time to stabilize.

You're welcome, Lou.

Gary, The houses for sale in our area seem to be creeping up a bit and the solds seem to be dropping a bit.

Mary,  I'm glad you enjoy the photo - it's easy to get great shots in St. Augustine, as it's so beautiful.

Posted by Sandy Shores, Broker-Associate Melbourne FL Real Estate M & M Real Estate Inc. (Brevard County Real Estate/ Melbourne & Palm Bay Real Estate) over 1 year ago

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