According to the Florida Association of Realtors in 2008:
Single family homes accounted for 70% of purchases.
New home purchases accounted for 25% of purchases.
The median price of homes purchased was $207,000.
The median square footage was 1760 square feet of living.
Buyers purchased a home within 15 miles on average of their previous home.
79% of buyers said commuter costs were a factor in their home purchase.
Buyers indicated they will live in their home for an average of 10 years.
This article is authored by
Sandy Shores, Brevard County Real Estate
Melbourne Florida Real Estate News
that for you
Good use of statistics in your state. I really like the picture! I wish I was out on a sail boat.
Sandy: Good to know. My best friend from high school lives in Melbourne. If he ever needs an agent to sell, he yours!
Sandy,
Cool statistics. Thank for sharing what is going on in Florida. I will have to see if I can find this info for Missouri...
Ann Hayden....trying to warm up in Wildwood, Missouri
Hi Brent, You and me both. I wish I was out on a sailboat too. I took this picture along one of my regular walk routes. It was a beautifu day!
Tony, Oh that's neat that your best friend lives here. I've been here since 1975 and graduated from Eau Gallie High. And the funny thing is, you're from Illinois. I was born in Evanston IL! Thanks for thinking of me!
Hi Ann, It's a great report of profile statistics for Florida put out by FAR. Very thorough info.