MLS Area 103 - Garden St. to S.R. 50 (Cheney Highway) - Titusville FL  April 7, 2009

In MLS Area 103 Currently there are:

443 active listings priced from $2,900 - $1,100,000
 84 are short sales
 39 are REO's (bank owned)


There are 56 properties currently under contract 
17 short sales
12 REO's

64 properties have closed in 2009
9 short sales
20 REO's

237 properties closed in 2008 (MLS Correction)
17 short sales
42 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.

Links to previous reports:
Titusville FL Real Estate Market Report - MLS Area 103 - 2/6/09
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 103) - Nov 4, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 103) - Sept 20, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 103) - July 29, 2008

I can help you find your Home Sweet Home in Florida ~ TODAY!

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Relocation Specialist
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com   
www.Titusville-FL-Real-Estate.com