According to the Melbourne Association of REALTORS here in Brevard County Florida
Statistics for October 2008:
For single family residential units:
There were 561 new listings.
This is a decrease of 27.61% from October 2007 of 775 new listings.
Year to date there were 7516 new listings.
There were 226 sold listings.
This is a 1.80% increase from October 2007 of 222 sold listings.
Year to date there are 2672 listings sold.
The average sale price was $192,766.
This is a 9.17 decrease from October 2007 of $212,226.
Average days on the market were 138.
This is a 12.20% increase from October 2007 of 123 days.
For all properties, including single family residential, condo and townhouse:
There were 910 new listings.
There were 280 sold listings.
Average sales price was $175,198.
Average days on the market were 151.
This article is authored by Sandy Shores, Melbourne FL REALTOR.
It is the exclusive property of, and may not be used without the written permission of Sandy Shores, Brevard County, Florida Space Coast. All information is believed to be accurate, but is not warranted. Copyright 2008.
that for you
Sandy,
Great stats and I love the photo!
Ann
Sandy, That's a start. I like being better than 2007. I am really optimistic for 2009...
Things are beginning to turn around. Let's go for the gold!
Hi Ann, Hope you are well today! This is a picture of the new fishing pier at our local library and behind it is the Eau Gallie Causeway here in Melbourne. It leads from Melbourne to the beaches.
I watch the Florida real estate market because I own property there. Sure hope an upward trend continues for you. You've been through enough already.
Hi Paul, I am looking forward to a productive and prosperous 2009. Let's keep our attitudes headed in the right direction!
Hi Fred, I am looking forward to maintaining the positive momentum. Take care!
Hi Diane, Where do you own property here in Florida? I do too. I also hope that we continue on an upward trend. I think our recent market has been driven by greed...and in the end greed comes back to bite you in the butt.
Sandy,
I want to be on the beach!! Warm sand in between my toes..
Ann