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Tuesday, November 22, 2011

Where is the Brevard County, Florida single family home real estate market headed? Single Family Home Overview November 2011


Current as of November 16, 2011. All data from the Brevard Multiple Listing Service. 
 
  • New single family home listings are down 12.8% year to date vs. 2010 same period.
  • Pending sale of single family homes are up 56.9% year to date vs. 2010 same period.
  • Closed sales are up 9.3% year to date vs. 2010 same period.
  • Average sales price of $151,300 is down only 1.3% year to date vs. 2010 same period.
  • Median sales price of $108,000 is down 10% year to date vs. 2010 same period.
  • Months supply of inventory (single family homes) is now 5.4 months, down 61.8% year to date vs. 2010 same period.
So where is the Brevard County, Florida single family home real estate market headed?  I am no expert but I have my opinion.


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