February 2009 Statistics for Brevard County Real Estate

 

According to the Melbourne Association of REALTORS here in Brevard County Florida,  Real Estate Statistics for February 2009 are as follows:

For single family residential units:February 2009 Market Statistics Brevard County Real Estate

There were 556 new listings.

This is a decrease of 34.82% from Feb 2008 of 853 new listings.

Year to date in 2009 there were 1262 new listings.

Year to date in 2008 there were 1779 new listings.

 

There were 252 sold listings.

This is a 13.51% increase from Feb. 2008 of 222 sold listings.

Year to date in 2009 there were 465 listings sold.

Year to date in 2008 there were 383 listings sold.

 

The average sale price in Feb. 2009 was $159,513.

This is a 26.18% decrease from Feb. 2008 of $20,879.

 

Average days on the market for Feb. 2009 were 97 days.

This is a 19.17% decrease from Feb. 2008 of 120 days.

 

For all properties, including single family residential, condo and townhouse:

There were905 new listings.

There were 293 sold listings.

Average sales price was $124,131.

Average days on the market were 212

 

Types of financing used:

 80 conventional financing

140 cash

 58 FHA

  3 Owner financing

 

 

This article is authored by

Sandy Shores, Melbourne FL Realtor

Brevard County Real Estate & Investing

Palm Bay Florida Real Estate News

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