MLS Area 101 - County Line Road to SR 46 - Mims/Scottsmoor - Nov 3, 2008

98 active listings priced from $46,500 to $2,500,000
 *6  short sales
   4 REO's

7 properties are under contract ranging in price from $54,900 to $249,900. 
*0 short sales are under contract
  1 REO is under contract

50 houses have closed since January 1, 2008
34 houses have closed in the past 6 months (used for Absorption Rate)
*3 short sales closed in past 6 months
  5 REO's have closed in past 6 months 

The Absorption Rate Formula would indicate the market taking 17.28 months
to absorb the current inventory of homes in MLS Area 101. This is a very big
improvement over the last report.  If the property is priced for today's market,
it's a great time to buy in MIMS, FL.

Previous Reports for MLS Area 101:
Real Estate Market Report/Absorption Rates - MIMS/SCOTTSMOOR, FL (MLS Area 101) - Sept 20, 2008

Here's a link to the separate Fawn Lake reports:
FAWN LAKE - Mims, Brevard County FL - Market Report Sept 18, 2008 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report July 2008 (MLS area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report May 2008 (MLS AREA 101)
FAWN LAKE - Mims, Brevard County FL - Market Report Feb 2008 (MLS area 101)

I can help you find your Home Sweet Home in Florida ~ TODAY!

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
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Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

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