Brevard County Residential Real Estate Market Report - March 2020 By Laura Forman Real Estate Agent with RE/MAX AEROSPACE REALTY www.LauraSellsBrevard.com SL3236966 Email Short URL Share: April 14, 2020 07:41 AM BREVARD COUNTY RESIDENTIAL REAL ESTATE. REAL ESTATE MARKET REPORT: Brevard Single Family Home Median Sales Price Up 7.8% to $248,000 ABOUT THE AUTHOR Bobby Freeman, a lifetime resident of Brevard County… We hope it is an informative tool to assist you in staying apprised of current market trends. All rights reserved. Get my free home buyer guide. Currently Brevard County, FL is in the midst of a real estate boom so to speak. Here’s a quick recap. Melbourne Beach has a median listing price of $599K, making it the most expensive city. Today I have another quick Brevard County market update for you. Know what you are committing to before you sign! Cash buyers (which indicate a strong investor presence) now account for 40% of all Brevard sales, down from 50% in early 2012. Micco is the most affordable city, with a median listing price of $134.5K. Information Deemed Reliable But Not Guaranteed. Brevard County, FL. Getting Back to Normal: The Housing Market Will Stabilize In 2016, everything we are reading and seeing show home prices and sales growing at a slower pace than … Apr 28, 2020 - What kinds of things are cosmetic and what are big ticket items? At the same time last year, Brevard County was a Seller's Market. Some of the best schools near Brevard County, Florida are Quest Elementary School, Westshore Junior/Senior High School and Edgewood Jr/Sr High School. Housing Market Trends in Brevard County, FL In October 2020, the median list price of homes in Brevard County, FL was $240K, trending up 6.7% year-over-year. Copyright © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. It includes some local commentary on the Brevard County real estate market that should help with your property search. The median sale price was $248.5K. The average sale price of a home in Brevard County was $264K last month, up 16.6% since last year. * To verify enrollment eligibility, contact the school or district directly. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate LLC or any of its affiliates. So what does this mean for you? Copyright 2020 My Florida Regional Multiple Listing Service DBA Stellar MLS. © 2020 Rocket Homes Real Estate LLC. Find out if it’s currently a buyer’s or seller’s market with up to date information about the trends going on in the Brevard County area. ¹Based on Quicken Loans data in comparison to public data records. Affordability of Living in Brevard County, FL. The list price of homes in Brevard County has increased by 10% since last year. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. The Average Residential Absorption Rates For Brevard County: 2004: 2.6 2005: 4.4 2006: 9.5 2007: 15.6 2008: 16.1 2009: 9.9 2010: 10.2 Looking at these numbers and trends, you can see that Brevard County is still in a "Buyers'" Market, but good homes priced properly are selling. However, the real estate market in Brevard county does not always follow national trends. Rocket Homes℠ and the Rocket Homes℠ Logo are service marks licensed to Rocket Homes Real Estate LLC. Florida is the third fastest-growing state in the … Get your instant Brevard County Home Value and Brevard County Market Report for your neighborhood. Homes in Brevard County, FL sold for 1.53% below asking price on average in November 2020. Last year, West Melbourne’s real estate market was voted one of the healthiest housing markets in the country, according to SmartAsset. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. By communicating with us by phone, you consent to calls being recorded and monitored. Most homes for sale in Brevard County stay on the market for 75 days and receive 1 offer. The origin year for the series is 2005. Malabar. See more ideas about brevard county florida, brevard county, big ticket item. Space Coast Housing Market Snapshots Below you will find Market Snapshots that capture monthly Brevard County housing market statistics. There are 6,433 homes for sale, ranging from $2K to $15.8M. Discover more Brevard County listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Foreclosure Rates for Brevard County, FL. Secure your position in the market with a mortgage from Rocket Mortgage® by Quicken Loans®, our sister company. If you're buying a home in Brevard County, you may be able to get a good deal. Rocket Homes Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. The trend for median days on market in Brevard County, FL has gone down since last month, and slightly down since last year. There are 217 homes for sale in 32905 with a median price of $164,138, which is an increase of 7.7% since last year. Last updated on: 12/11/2020, 1:32:05 PM Eastern. There are 6,433 homes for sale in Brevard County, FL, 398 of which were newly listed within the last week. 1 in every 1834. Be in the know and find out what is going on in the Brevard County Housing Market. 1 in every 6243. With more closed sales than in years prior, steadily increasing median sales prices, and an overall reduced time from listing to sale, Brevard County’s housing market caught the attention of investors and interested homebuyers around the world. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. On average, homes in Brevard County, FL sell after 61 days on the market. All listings featuring the RAPB+GFLR logo are provided by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. The average sale price per square foot in Brevard County is $156, up 13.0% since last year. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Is there an opportunity to bring more luxury-oriented properties to Brevard County? The median price per square foot in Brevard County has increased by 2.1% over the past year. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Copyright 2020 Realtors® of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service, Inc.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Brevard County New Construction and Plans, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. Brevard Housing Market Information. In the past, our report has covered several different property types. Brevard County, FL Real Estate Trends. The Rocket Homes Real Estate LLC main office is located in Detroit, MI. See more real estate market trends for Brevard County. There are 31 cities in Brevard County. Strong sales kept inventory at low levels, accelerating the price rise that started April 2010. ²Based on Rocket Homes℠ closed client surveys received from 2011-2020. County in Florida and consists of 31 cities to before you sign desirable homes are fast. That are proven to save both time and money position in the past few months FL after. And monitored what is going on in the same period better news, some real estate fully... 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