MLS Area 102 - State Road 46 to Garden St. - Titusville FL - Nov 4, 2008
201 active listings priced from $39,900 to $695,000
*31 short sales
23 REO's
17 properties are under contract ranging in price from $39,900 to $199,900. Judging
by the contract date on the MLS 1or 2 of these appears to be lease/purchase.
*6 short sales are under contract
6 REO's are under contract
114 houses have closed since January 1, 2008
70 houses have closed in the past 6 months (used for Absorption Rate)
*0 short sales have closed in past 6 months
1 short sale has closed in 2008
18 REO's have closed in the past 6 months
26 REO's have closed in 2008
The Absorption Rate Formula would indicate the market taking 17.22 months
to absorb the current inventory of homes in MLS Area 102. This is just
about the same as the last report with an absorption rate of 17.26. This is a
buying opportunity in Titusville FL. Call me if you have any questions.
Links to previous reports:
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 102) - Sept 20, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 102) - July 28, 2008
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
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