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Thursday, April 21, 2011

Brevard County Florida Home Sales Soar on Low Prices….But

I read an article in this morning’s Florida Today newspaper about how the March 2011 real estate sales in Brevard County were up – at the second highest level in more than five years.  One of the major points in the article is the low median home sales price, $86,100.

Although the resale prices are lower throughout the County, they still vary considerably by region.

home resale

For example, zip code 32940 (Suntree, parts of Viera, Pineda areas), the median sales price in March 2011 was $172,000.

For the 32955 zip code (Rockledge, parts of Viera), the median selling price in March 2011 was $150,000.

The chart below, captured from the Brevard MLS system today, shows some zip codes, median list price and median sold price.

March 2011 Median Selling Price

Prices in Brevard County are very attractive but the old real estate saying "Location, Location, Location" remains a major factor!

For information on homes for sale in Brevard County, Florida, call me directly at 321-693-3850 or email me.

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