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Friday, January 02, 2009

December 2008 Market Report Brevard County Florida

The period of time between Thanksgiving and New Year's Day typically is slow for real estate, even in the sunshine of Central Florida! So a preliminary look at the Brevard County Florida December 2008 sales information from the Brevard County MLS system reveals the following.

In December 2008...

  • 383 Single Family Homes were sold.
  • Average Days on the Market for sold properties was 114 days.
  • Average selling price was almost $162,000.
  • Sellers negotiated as the homes sold were for about 91% of list price.
  • Average listing price was just over $177,000.

Interest rates are now at historical record lows. A lot of owners are apparently re-financing as the mortgage applications rates are up. The real estate market does present some opportunities for some!

If you are considering buying or selling a home in the Rockledge and Viera (including Suntree) areas of Florida's Space Coast, please give me a call if I can assist you in any way. Gary Waters Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida. Call me directly at 321-693-3850 or email me at agent@moving2brevard.com.

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