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Tuesday, December 01, 2009

Brevard County Florida Real Estate Sales Activity November 2009

Preliminary residential real estate sales data for the Brevard County Florida real estate market extracted from the Brevard MLS system on December 1, 2009 is summarized here.

As they say in the election business, these are early returns so nothing can be “called yet." I will be revising these numbers as agent update their closings that occurred yesterday and have not been recorded.

This is just a snapshot of the data as of this moment.

  1. Residential properties sold in Brevard County during November 2009 was 478 compared to 358 for last year.
  2. The average sale price for November 2009 was $153,435 as opposed to 2008’s $171,221.
  3. The average days on the market were 96 days compared to 106 for the same month in 2008.
  4. Year to date residential closings are up 24% over 2008 YTD closings.

The quick summary:

prices down a bit, days on market shorter, sales volume up a bit.
The market will recover.

For information on Brevard County real estate, please contact me at 321-693-3850 or email or visit my blog Observations of a Viera Florida Realtor and Moving to Brevard County.

©Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

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