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Sunday, April 01, 2012

Brevard County Florida Real Estate Market– Residential Real Estate Sales March 2012

As April 2012 begins here is a quick summary of the residential properties sold in Brevard County, Florida during March 2012 as reported in the Brevard MLS system as of today.
  • Residential Units Sold – 571
  • Average Days on Market – 111
  • Average Sell price – $145,361
  • Average List Price - $155,347
  • List/Sell Ratio – 94%
  • Median List Price – $110,880
  • Median Sell Price – $107,000
  • Rate of Sales – 133.5 per week
  • Cash Transactions –276
  • Conventional Loans – 149
  • VA Loans – 40
  • FHA Loans – 90
Of the 571 transactions reported above there were 148 short sales sold with an average selling price of $102,779.

Also included in the 571 total are 85 foreclosures sold for an average selling price of $111,445.   Interesting, yet not surprising, 3 of 4 foreclosures purchased were cash transactions.

For information on buying and selling real estate in Brevard County, Florida, please contact me at 321-693-3850 or email me.

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