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Tuesday, April 03, 2012

Brevard County Florida Real Estate Market–Residential Properties Sold in March 2012

Here is a quick summary of residential properties sold in Brevard County, Florida during March 2012.
  • Residential units sold - 607 
  • Average Days on Market – 112 
  • Median Days on Market – 53 
  • Average Selling Price – $144,686 
  • Average Listing Price – $154,419 
  • Median Listing Price – $110,000 
  • Median Selling Price – $105,500 
  • List to Sell Ratio – 94% 
  • Rate of Sales – 141 per week  
The type of purchase methods used in March 2012 purchases included
  • Cash -289
  • Conventional Loan - 166 
  • VA Loan - 41 
  • FHA Loan - 92 
  • Other methods - 19
A quick look back at March 2011 shows
  • Residential Units Sold  - 709
  • Average Days on Market - 128 
  • Average Selling Price - $122,392 
  • Average Listing Price - $131,477 
  • List to sell ratio - 93%   
  • Cash Transactions - 388 
  • Conventional Loans - 152 
  • FHA Loans - 116 
  • VA - 41
Looks like the average selling price has increased from last March as well as the days on the market decreased.  Could this be a good sign for sellers?

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



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