The real estate market in Brevard County, Florida remains, as much of the nation, pretty soft. It is a great time to be a buyer! The number of homes sold in December 2007 were down about 30% from the year ago activity.
Although the number of properties sold in the central Brevard County areas of Rockledge, Suntree and Viera was not too far off from the 2006 activity, the median sales price was quite a bit lower ($200,000 vs. $261,900) than the previous year. Again, these prices indicate it is an excellent time to purchase your Florida home. This market is especially attractive to foreign buyers with the favorable exchange rate.
With 791 single family homes listed for sale in the Rockledge, Viera and Suntree areas, the choices are plentiful!
| December, 2006 | December, 2007 | |
| BREVARD COUNTY | ||
| Properties Sold | 493 | 336 |
| Average Days on Market (DOM) | 94 | 116 |
| Median List Price | $214,900 | $179,994 |
| Median Sell Price | $206,000 | $173,750 |
| List to Sell Ratio | 95% | 92% |
| VIERA, SUNTREE, ROCKLEDGE | ||
| Properties Sold | 71 | 65 |
| Average Days on Market (DOM) | 104 | 101 |
| Median List Price | $275,000 | $218,900 |
| Median Sell Price | $261,900 | $200,000 |
| List to Sell Ratio | 94% | 92% |
Data in this chart was compiled by the author from the Melbourne Association of Realtors website.
If you are considering a move to Brevard County, feel free to contact Gary Waters, licensed real estate agent, with Century 21 Baytree Realty, 8195 N. Wickham Rd, Melbourne Florida. Telephone 1-800-651-6940 (office) or by email at agent@moving2brevard.com .
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