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 closed


89 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.

Links to previous reports:
Titusville FL Real Estate Market Report - MLS Area 104 - 2/6/09
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - Nov 4, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - Sept 20, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - July 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - May 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 104) - Feb. 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