Statistics for Brevard County FL Real Estate, November 2011…
Currently there are:
3226 residential listings for sale
1264 rental listings available
897 condos for sale
221 townhouses for sale
90 income producing properties
2292 vacant parcels for sale
Brevard County FL Real Estate, including single family residential, condo, townhouse and vacant lots:
There were 696 new listings.
There were 354 sold listings.
Average sales price was $154,202.
Average days on the market were 121.
For single family residential units only:
There were 500 new listings.
This is a decrease of 4.17% from November 2010 of 480 listings.
There were 292 sold listings.
This is an increase of 6.18% from November 2010 of 275 sold listings.
The average sale price in November 2011 was $136,820.
This is a decrease of 1.30% from November 2010 of $138,626.
Average days on the market were 120, a 1.64% decrease from November 2010 of 122 days.
Source: Melbourne Association of Realtors
Brevard County showed a 6.18% increase in the number of properties sold from November 2010 to 2011. And, we noticed an increase of just 1.30% in average sales price from last year. It appears that we are experiencing a bit of stability in our market. Prices are not dropping drastically as in years past. And we ar finding that properties are steadily moving off the market.
We currently have a large number of investors and some second/vacation home buyers in the market. Buyers still have an interest in relocating to our area because of the Florida sunshine, the Indian and Banana rivers and the beautiful sandy beaches. There are also some nice tax incentives here in Florida. (Please consult a CPA or tax accountant for more info on taxes.)
Today, Brevard County prices are relatively inexpensive compared to neighboring cities in Florida.
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