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Monday, January 19, 2015

What is the Brevard County, Florida Real Estate Market like in January 2015??

One of the best ways to see what the Brevard County, Florida residential real estate market looks like in January 2015 is to see the trends or the past months and years.

The three charts below (when considered together) provides a fairly accurate representation of the single family residential market in Brevard County, Florida.    The inventory levels have decreased to about a three month supply level with the median days on the market standing at 35 days.

Finally the percentage of original list price received is well into the 90% range as well.  Overall, these charts seem to favor sellers and place buyers in the position of acting quickly when they find a home that suits their needs with a reasonable offer price.  Buyers may also find themselves in a multiple offer situation - especially when considering  "move in ready" properties.

For information on buying or selling a home in Viera and Melbourne, Florida (Brevard County, Florida) please give me a call at 321-693-3850 or send me an email.

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