It is Florida in June. Florida in June is hot. No surprise there.
The Brevard County Florida housing market is hot. A bit of a surprise there? Not really.
Prices have dropped for some time. Now the median price for a single family home in Brevard County is $123,700 (resales). That is a 24% drop over the same time last year.
I am sure the short sale market continues to impact pricing. Although prices have continued to drop the recent increase in interest rates has an off-setting effect.
Pricing is king when selling anything. Sellers know it; buyers expect it.
Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge , Florida. Your central Brevard County (Viera, Suntree, Rockledge, Melbourne, Merritt Island) Realtor of Choice.
Read my blogs Observation of a Viera Realtor and Florida Homes for sale.