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Home Sales Up in Viera

By
Real Estate Agent with RE/MAX ELITE, Brevard County FL

 

Home Sales are surging in Viera- Particularly on the West side of I-95. Why? Lower Inventory and fewer Short Sale and REO (Bank Owned) properties coming on the market.

In July & Aug 2011 the days a home stayed on the market was only 58 days, which is drastically less compared to the same two months in 2010 93 days.

Unit Sales are up 39% for 2011 Year To Date in Viera West of I-95. Homes Sold through Aug 2011 137, compared to 97 same period 2010. That equals a 39% increase. This figure does not include all newly constructed homes being built, only MLS listed homes. Builders have reported higher sales numbers this year, permits in Viera are way up. For More Info Or to View Homes for Sale in Viera Visit: www.VieraNewHomes.com

Below is a summary of the market data:

 

Activity Date Start: 01/01/2010 Activity Date End: 09/01/2010 Property Subtypes: Residential
County: Brevard Area: 217 Viera West of I 95
Activity Date: New BOM Pend Expr With Sold Avg
Sold$
DOM Median
Sold$
Jan 2010 17 14 3 22 8 11 $257,605 105 $200,000
Feb 2010 23 15 5 13 11 4 $300,875 104 $277,000
Mar 2010 33 15 6 20 19 13 $243,191 81 $235,000
Apr 2010 50 10 7 22 18 10 $279,189 93 $258,500
May 2010 24 16 6 26 18 14 $301,112 92 $218,745
Jun 2010 19 16 12 10 9 16 $242,874 50 $201,750
Jul 2010 18 5 0 11 7 6 $336,314 113 $320,745
Aug 2010 30 6 6 12 7 24 $258,691 73 $262,495
Sep 2010 0 2 0 0 1 0 $0 0 $0

Jan 2011

24

8 7 18 7 12 $292,211 101 $244,500
Feb 2011 22 12 8 20 16 13 $378,862 81 $345,000
Mar 2011 53 15 11 23 27 20 $242,641 127 $182,250
Apr 2011 27 6 12 27 14 13 $301,845 119 $200,000
May 2011 29 17 7 25 18 19 $324,205 146 $200,000
Jun 2011 30 10 5 24 8 20 $256,624 108 $219,000
Jul 2011 16 7 11 10 5 29 $286,735 76 $282,500
Aug 2011 19 9 6 23 14 11 $274,320 40 $275,000
Sep 2011 2 0 0 0 1 0 $0 0 $0