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Wednesday, April 03, 2013

March 2013 Brevard County, Florida Real Estate Market Update

Here are the early returns for Brevard County, Florida residential real estate sales and inventory for March 2013
  • Residential Properties Sold March 2013 – 723
  • Average Selling Price March 2013 – $149,971
  • Median Selling Price March 2013 – $119,900
  • Average Days on Market – 84 
  • Median Days on Market – 41
  • List/Sell Ratio – 96% 
  • Supply (months) – 20 weeks
Of the above residential sales statistics the one that really sticks out to me is the median days on the market.  Half of all residential properties sold in March 2013 were “active” for less than six weeks.

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