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Friday, October 03, 2008

Brevard County Florida Market Report September 2008

Market activity in Brevard County remained consistent with the August activity. As of today there have been 421 single family homes sold in September. [data from Melbourne Association Realtors MLS system Oct 3, 2008]

These numbers may fluctuate somewhat over the next week as end of the month closings continue to be documented by selling real estate agents.

The average selling price for the September closings was just over $176,000 with a median selling price of $145,000. The median is the mid-point of units sold versus the average. Average days on the market (from input into the MLS system to closing) was 107 days while the selling price was 93% of the listing price. These are fairly consistent with the August numbers.

If you are considering selling a home in Brevard County be aware that your home will probably take 3-4 months to sell and potential buyers are still looking for concessions on your part.

If you are located in Rockledge, Viera and Suntree Florida and considering selling, please contact me to discuss how I can assist you in the process. I will not "hound you" and try to twist your arm - I assure you!

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida. Call me directly at 321-693-3850 or email me at

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