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Sunday, February 22, 2015

Is it time to sell your Brevard County, Florida home?

Real estate prices in Brevard County, Florida have been steadily rising.  Inventory levels of homes and condos for sale in Brevard County have been falling.

Is this the time to sell your house or condo?  The below trend lines should help answer that question.

Average Sales Price Single Family Home January 2014:      $158,581

Average Sales Price Single Family Home December 2014:   $179,781

Average Sales Price Condominium January 2014:                $138,507

Average Sales Price Condominium December 2014:             $146,138

Inventory of Single Family Homes January 2014:    2,951

Inventory of Single Family Homes December 2014: 2,575

Inventory of Condominium Units January 2014:     1,144

Inventory of Condominium Units December 2014:     856

Median Days on Market January 2014:                         46

Median Days Inventory December 2014:                       35

Data provided by Florida Realtors®

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