Special offer

Brevard County Market Report April 2010

By
Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999

Disney Cruise Lines out of Port Canaveral Florida

This is a Disney Cruise Ship docked in Port Canaveral Florida ready to set sail in less than an hour.

Behind it is a Royal Caribbean Ship ready to leave port, also.

 

According to the Melbourne Association of REALTORS® statistics are as follows:

Currently there are:

4930 residential listings for sale

1410 rental listings available

1491 condos for sale

 383 townhouses for sale

 105 income producing properties for sale

2496 vacant parcels for sale

For all properties, including single family residential, condo, townhouse and vacant lots:

There were 927 new listings.

There were 406 sold listings.

Average sales price was $131,238.

Highest price sold was $835,000.

Lowest price sold was $ 1,100.

Average days on the market were 102.

For April 2010 for single family residential units:

There were 697 new listings.

This is an increase of 35.87% from April 2009 of 513 new listings.

There were 329 sold listings.

This is an 3.46% increase from March 2009 of 318 sold listings.

The average sale price in April 2010 was $139,066. 

This is a decrease of 2.69% from April 2009 of $142,909.

Average days on the market were 98, a 13.27% decrease from April 2009 of 113 days.

Types of financing used for single family, condos, and townhouses:

100 conventional financing

163 cash

107 FHA

 20 VA

  0 Exchanges

  6 Owner financing

 

Sandy Shores Realtor, Melbourne FL Real Estate

Brevard County Real Estate and Investing

I specialize in Residential, Investment and Relocations.

We have a team of professionals to facilitate your Short Sale.

I buy, sell, rent, own and manage Investment Property. 

Search for Properties for sale

Visit my Google Profile page

Comments (8)

Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sandy

Thanks for sharing the market update.

Good luck and success.

Lou Ludwig

May 14, 2010 01:53 PM
Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com

Sandy,

Thank you for the update!

Ann Hayden in Wildwood, MO

May 14, 2010 04:27 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

The ship caught my eye Sandy.  My wife and I took some Royal Caribbean cruises in the past few years.  We always try to schedule from Cape Canaveral, it's a much more convenient port than Miami or Fort Lauderdale.

May 15, 2010 12:09 AM
Paul Peck
Peck Drywall and Painting serving Brevard County, Florida - Melbourne, FL
Licensed Drywall and Painting Contractor

Sandy,

My family and I love to go to Rusty's at the port on Saturday afternoons around 4 o'clock to eat oysters and watch the cruise ships sail by as they depart out to sea.

-Paul

May 15, 2010 03:42 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

The percentage of properties that used CASH as financing was considerably higher than other forms of financing!  Cash buyers have a considerable advantage in todays market - especially with REO properties or short-sales.  Unless of course, they think that cash will allow them to low-ball an offer beyond reality.

The Disney ship is a wonder on the eyes.  I've never been on a cruise, but would love to one day!

May 15, 2010 03:42 PM
Goodbye Active Rain
Out of Real Estate

Oompa, that is a big ship!

May 16, 2010 04:32 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Hi Lou, You're welcome. Always a pleasure to see you stopping by.

Ann,  You're welcome little woman. How the heck have you been, Grandma?

Gabe, You're right Cape Canaveral is a great port to sail out of.  We've gone out of there once.  We are going to take a cruise in July, and this time we are leaving out of Tampa.  We've never gone out of that port yet.

Paul, Rusty's has good food and it's a great place to spend an afternoon, especially in the late afternoons to catch the cruise ships leaving port. Maybe we'll bump into you and your family up there sometime.

Myrl, We currently do have a large number of buyers purchasing with cash.  Cash is king in buying those REO properties.  That's for sure.  If you have never been on a cruise, you definitely have to make it a point to take one sometime.

Hi TOTO, That is a big ship  - lots of fun there on Disney Cruise Lines.

May 19, 2010 12:46 PM
Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com

Sandy,

I am doing awesome!  Being a grandma is fabulous!!!!

Ann Hayden in Wildwood, MO

May 19, 2010 01:15 PM