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The Merritt Island Housing Market Report

By
Real Estate Agent with Perrone Realty

As of 04/15/2008

Perrone Realty Inc.

The Merritt Island Florida Housing Market Update

This information includes specific details on Merritt Island Foreclosures.

Merritt Island which is located in Brevard County, within 60 minutes of downtown Orlando, 60 minutes to Walt Disney World, 10 minutes to Cocoa Beach Florida (Orlando's Beach), and 30 minutes from Playalinda Beach (Undeveloped nature preserve). Merritt Island is composed of just over 35,000 residences;  15,800,  of which are Single Family Houses with a 25% rental rate.

Merritt Island is just minutes from the beach, casino boats, Ron Jon's surf shop, Shopping and so much more.  The island is home to an incredible nature preserve with a great undeveloped beach for your enjoyment.

What's for sale in Merritt Island?

There are 636 properties for sale

            Of those 636 properties there are 91 properties in some state of Foreclosure

What has sold in Merritt Island?

There are 100 Properties that have sold since January 01, 2008

            Of those 100 properties there were 14 properties in a state of foreclosure

Pending Sales in Merritt Island?

There are 154 properties that have a current contracts and are pending sale

            Of those 154 properties there are 14 properties in some state of Foreclosure

           

These numbers do not include properties that were auctioned, sold by owner or had no REALTOR® representation.

If you would like to view properties for sale in Merritt Island, we invite you to visit our website that focuses on properties for sale within all of Central Florida including Merritt Island. Be sure to contact us directly to run any special report, or search for you that will meet your needs.

If you are interested in searching for Central Florida Foreclosures in Orange and Brevard County Florida communities, you may visit our Foreclosure Lists to view the foreclosures including photos, days on market as well as current asking price.

Posted By Kevin Murphree at Perrone Realty of Brevard
Licensed REALTOR®