According 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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Sandy - Your market is fighting, just like the rest of Florida. I think we have years to go to stabilize. Great report.
Sandy
Thanks for sharing the market update for Brevard County Florida.
Good luck and success.
Lou Ludwig
Sandy - Looks like for sale listings are creeping up while rental listings are decreasing. Nice report!
Hi Sandy, I'm not sure about the numbers, but the photo is absolutely stunning!
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.