MLS Area 102 - State Road 46 to Garden St. - Titusville FL

Currently there are:

220 active listings priced from $29,950 - $695,000 
  53 listed from  $29,950 - $100,000
108 listed from $104,000 - $199,900
  30 listed from $205,000 - $250,000
  12 listed from $255,000 - $299,900
    9 listed from $315,000 - $389,900
    6 listed from $424,900 - $499,000 
    1 listed at $510,000
    1 listed at $695,000

*22 are marked as short sales

There are 22 properties awaiting closing, breakdown as follows:

 7 properties are pending (contingencies removed) list price ranging from $116,990 - $199,900 
 7 properties are under contract with contingencies, list price from $62,900 - $89,900
 6 properties are under contract with contingencies, list price from $104,000 - $164,900
 1 property under contract, listed at $249,900 
 1 property under contract, listed at $549,900 

*3 are marked as short sales

75 Houses have closed since January 28, 2008 (6 months)

23 sold from   $44,000 - $100,000
44 sold from $101,000 - $175,000
  5 sold from $200,000 - $280,000 
  3 sold from $300,000 - $342,000 
    *1 was marked as a short sale

Applying the Absorption Rate Formula says it will take the market 17.6 months
to absorb the current inventory of homes in MLS area 102.  Since this is the first
report for MLS area 102, a statement as to conditions improving or not will have
to wait for the next report.  If you have any questions, please feel free to contact me.

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)
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com  
http://activerain.com/blogs/homesweethomeflorida