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Thursday, March 29, 2018

Brevard County, FL Real Estate Market Summary February 2018

Presented below is the Brevard County, Florida real estate market summary for February 2018 as provided by the Space Coast Association of Realtors.

The Brevard County Residential Report for February 2018:
  • Closed Sales are up 6.9% for February 2018 in which the number of units closed was 694 compared to 649 in February 2017 with a decrease in cash sales of -8.1% compared to February 2017.
  • New Pending Sales are up 2.7% and New Listings are up 9.1%.
  • The Median Sales Price for Brevard Single Family homes is up 12.2% to $230,000 compared to a year ago, which was $205,000.
  • Months Supply of Inventory is up 8% to 2.7 months, an increase from 2.5 months in 2017.
  • Traditional Sales are up 10.2%, with a median sales price of $232,000.
  • Foreclosure/REO Sales are down -38.7%, with a median sales price of $159,500.
  • Short Sale Closings are down -55.6%, with a median sales price of $203,500. 
The Brevard County Townhouses/Condos for February 2018:
  • Closed Sales are up 21.6% for February 2018 in which the number of units closed was 225 compared to 185 in February 2017, with an increase in cash sales of 26.6% compared to February 2017.
  • New Pending Sales are up 32.9% and New Listings are up 3.9%.
  • Median Sales Price for Townhomes/Condos is up 11.9% to $156,500 compared to a year ago, which was $139,900.
  • Months Supply of Inventory has decreased to 3.7 months in February 2018 from 3.9 months in February 2017.
  • Traditional Sales are up 24.4%, with a median sales price of $157,000.
  • Foreclosure/REO Sales are down -50% with a median sales price of $172,500. 
  • Short Sale Closing statistics are up 100%, with two sales in February 2018 with a median sales price of $146,000 and one sale in February 2017.
For information on buying or selling a home in Brevard County, Florida call me at 321-693-3850 or send me an email.

Tuesday, March 27, 2018

2 Bedroom 2 Bath 1 Car Garage Condo For Rent $1,250 - Available April 1 , 2018

Tenant currently in process of moving out of this two bedroom two bath one car garage condo located in Rockledge, Florida.   This property should be available as of April 1, 2018.

This 2007 built unit sis in the gated Jameson Place condo complex in Rockledge (off Murrell Road near the Viera border).  Its just a short drive to shopping, medical facilities, good schools and more!

With easy access to US1 and I-95 commuting anywhere in Brevard County is easy.  Beaches are about ten miles away as is Patrick Air Force Base.

The attached garage and entry is on the ground floor with the 1230 square foot living area all on the second floor.

This property will be owner managed once a lease is signed.

No smoking in unit.  No pets allowed by owner so please do not ask for an exception.
Move in requires first month rent plus one month rent security deposit.

Interior photos will be available as soon as access granted.

For more information send me an email.

Thursday, March 22, 2018

Just Listed - Melbourne, FL Home For Sale $160,000 - 2644 Quebec Avenue 32935


New on the market today is this 1975 built two bedroom two bath two car garage concrete block home  located at 2644 Quebec Avenue in the Fountainhead subdivision in Melbourne, Florida.

The price reflects the updates needed to make this your perfect home but the bones are great!  With 1,316 square feet under air there is plenty of room for someone downsizing (or yet to up-size!).

The superb location is close to excellent schools including  Roy Allen Elementary and Eau Gallie High School as well as shopping and recreational venues. 

Its easy access to major Melbourne employers via Wickham Boulevard is a welcome escape from traffic headaches during the morning commute! 

Beaches are only about 6 to 8 miles away as major routes such as I-95 and US 1.   Orlando is a short trip as well (about an hour!).

While there are some update requirements here, at $160,000 there will be money left to make the changes needed. 

The fenced yard,, screened porch, newer high efficiency air filtration Carrier AC unit are already in place.  The two car garage offers plenty of spec with laundry hookups including a tub sink.

Remember that the price reflects the condition!  This home needs updated kitchen/appliances and new flooring to start with!  But there is a lot of good here at $160,000.

Oh yeah... did I say no homeowner association?

Call me at 321-693-3850 or email me to schedule your showing today!

Tuesday, March 20, 2018

Home For Sale - Coming Soon... Melbourne, FL $160,000 2/2/2 1316 Sq. Ft.

Two bedroom two bath two car garage home with 1,316 sq.ft. under air will be on the market this week.  Anticipated listing price will be $160,000.

Located in the Fountainhead development in Melbourne, Florida this 1975 built home features a screen porch, newer air conditioning and solid bones. The two bedroom two bath design will work great for anyone downsizing (or not yet up-sized!).

Laundry area located in oversized garage with tub sink.  Corner lot with easy access to shopping, major routes, restaurants in area.  Excellent schools in area!

Photo From Property Appraiser Site - New Photo Will Be Added Later.

This home does need updating!  Still at the offer price there is plenty of opportunity to make this a great home.

If this may be what you are looking for go ahead and send me an email and I will call you upon listing (this week!).

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