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mls area 104: Titusville FL Real Estate Market Report - MLS Area 104 - 6/9/2009 - 06/09/09 08:30 AM
MLS Area 104 - State Road 50 (Cheney Hwy) to Kings Hwy - June 9, 2009
93 active listings from $59,900 to $1,350,000 *13 short sales 5 REO's (bank owned)27 properties are under contract *16 short sales are under contract 2 REO's are under contract
33 properties have closed in 2009*3 short sales 11 REO's closed89 properties closed in 2008*7 were short sales 15 were REO's
From this study we see some stability returning to MLS Area 104, pricing stability should follow.
If you're thinking of listing and want Absorption Rate information, please call or e-mail and I will be happy to provide the most current numbers.
Links to previous reports:Titusville … (9 comments)
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mls area 104: Titusville FL Real Estate Market Report - MLS Area 104 - 4/7/2009 - 04/07/09 11:31 AM
MLS Area 104 - State Road 50 (Cheney Hwy) to Kings Hwy - April 7, 2009
101 active listings from $47,500 to $1,350,000 *20 short sales 8 REO's (bank owned)23 properties are under contract *9 short sales are under contract 6 REO's are under contract
16 properties have closed in 2009*0 short sales 3 REO's closed89 properties closed in 2008*7 were short sales 15 were REO's
From this study you can see that many of the short sales are going into foreclosure. At that point the bank-owned properties are making it to closing.If you're thinking of listing and want Absorption Rate information, please call or e-mail and I will be happy … (2 comments)
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mls area 104: Titusville FL Real Estate Market Report - MLS Area 104 - 2/6/09 - 02/06/09 12:19 PM
MLS Area 104 - State Road 50 (Cheney Hwy) to Kings Hwy - Feb 6, 2009
122 active listings *20 short sales 10 REO's (bank owned)15 properties are under contract *2 short sales are under contract 2 REO's
6 properties have closed in 2009*0 short sales 1 REO closed86 properties closed in 2008*7 were short sales 15 were REO's
From this study you can see that many of the short sales are going into foreclosure. At that point the bank-owned properties are making it to closing.If you're thinking of listing and want Absorption Rate information, please call or e-mail and I will be happy to provide the most current numbers.
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mls area 104: Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - Nov 4, 2008 - 11/04/08 02:15 PM
MLS Area 104 - State Road 50 (Cheney Hwy) to Kings Hwy - Nov 4, 2008
109 active listings priced from $66,500 to $749,000 *15 short sales 5 REO's (bank owned)23 properties are under contract ranging in price from $72,500 to $875,000*3 short sales are under contract 3 REO's
64 houses have closed since January 1, 2008*6 were short sales 7 were REO's42 houses have closed in the past 6 months (used for Absorption Rate)*4 short sales closed in past 6 months 6 REO's have closed in the past 6 months
The Absorption Rate Formula would indicate the market taking 15.57 months to absorb the current inventory of homes … (2 comments)
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mls area 104: Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - Sept 20, 2008 - 09/20/08 10:20 AM
MLS Area 104 - State Road 50 (Cheney Hwy) to Kings Hwy - Sept. 20, 2008
114 active listings priced from $64,900 to $699,900 *11 short sales15 properties are under contract ranging in price from $85,900 to $1,250,000. Judgingby the contract dates on the MLS 3 of these appear to be lease/purchases.*3 short sales are under contract
55 houses have closed since January 1, 200843 houses have closed in the past 6 months (used for Absorption Rate)*4 short sales closed in past 6 months
The Absorption Rate Formula would indicate the market taking 15.90 months to absorb the current inventory of homes in MLS Area 104. … (0 comments)
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mls area 104: Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - July 2008 - 07/12/08 04:42 PM
MLS Area 104 - State Road 50 (Cheney Hwy) to Kings Hwy - July 12, 2008
105 active listings priced from $69,500 to $1,500,000 *10 short sales11 properties are under contract ranging in price from $88,900 to $875,000 *1 short sale
45 houses have closed since January 1, 200844 houses have closed in the past 6 months (used for Absorption Rate)
The Absorption Rate Formula would indicate the market taking 14.32 months to absorb the current inventory of homes in MLS Area 104. However if I add in the homes under contract (without accounting for any new listings prior to these closings) the absorption … (0 comments)
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mls area 104: Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - May 2008 - 05/03/08 12:32 PM
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mls area 104: Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - Feb. 2008 - 02/22/08 09:20 AM
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