MLS Area 103 - Garden St. to S.R. 50 (Cheney Highway) - Titusville FL April 7, 2009
In MLS Area 103 Currently there are:
419 active listings priced from $2,500 - $1,100,000
76 are short sales
25 are REO's (bank owned)
There are 73 properties currently under contract
27 short sales
17 REO's
187 properties have closed in 2009
45 short sales
54 REO's
237 properties closed in 2008
17 short sales
42 REO's
From the last report it appears that Area 103 is having more success getting short sales closed. This could be a good sign that banks are starting to move this process along more efficiently.
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 - 4/7/09
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 ~ CALL 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
;)
;)
WOW,
one quarter of the listings are either REO's or Short Sales, and half of the closed sales are the same. It will be nice to see that turn around won't it?