Space Coast April Market Report

By
Real Estate Broker/Owner with Waves Realty BK3246853

Space Coast Market Snapshot for April 2022

Single Family Homes:         2022                2021          Percent Change

Median sales price        $360,000         $294,450               22.3%

Homes Sold                         1035                  1172                     -11.7%

Days on Market                       7                     10                       -30%

 

Condo & Townhouse    $288,350          $255,000                 13.1%

Homes Sold                           306                   361                      -15.2%

Days on Market                       8                       12                      -33.3%

These number show a continued strong market with VERY limited inventory. The interest rates have started to hurt areas that have a higher percentage of mortgages (Palm Bay, Cocoa, Titusville). This looks like it will allow first time buyers to jump back into the market!

Posted by

 

Jeffrey DiMuria

Waves Realty
Broker/Owner
2018 Melbourne Ct, suite 206
Melbourne, FL 32901

Phone: 321.223.6253         

e-mail:  Jeff@WavesRealtyFL.com 

Comments (6)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Jeff... you could have labelled this Charlotte April Market Report and nobody would have known the difference!

May 20, 2022 07:10 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, great market update for the Space Coast and know your market is tight.

May 20, 2022 07:12 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

I just put two homes on the market and both went under contract within a day or two. You must correctly market them to get your seller the best deal.

May 20, 2022 07:17 AM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Jeffrey - you know the area well so any buyer or seller interested in the Space Coast needs to contact you. 

May 21, 2022 12:16 PM
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Hi Jeff, It looks like the same things are going on everywhere. Low inventory, but the rates rising are starting to affect the market.  This is great information & I love the layout!  Have a great day!

May 23, 2022 07:09 AM
Jeffrey DiMuria 321.223.6253 Waves Realty

Thank you so much for stopping by and checking out my blog Brenda

May 23, 2022 07:36 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nice way to get the word out the Space Coast. Both buyers and sellers will benefit for these stats!

May 28, 2022 01:27 PM