The days on the market and inventory levels seem to indicate it is easier to sell a single family detached unit than a condo or townhouse! It is all about inventory, price and competition!
The absorption rate reflects the number of month's supply on hand based on the units selling and current inventory.
If you have any questions regarding Brevard County, Florida real estate, please feel free to contact me at firstname.lastname@example.org.
Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.
Whether your interest lies in a 55+ community, a golf course community or water front, give me a call!
Please read my blog Observations of a Viera Florida Realtor!