Well it is now August 1st so what did the "homes sold" activity look like for Brevard County, Florida for last month? Based on a report generated from the Multiple Listing Service for Brevard County, the number of single family homes sold last month was 426 units. Let's see ... that was about 5% of the number of homes listed.

The average sales price for all properties was $245,539 dollars with an average listing price of $263,594. This shows a sales to list price ratio of around 93% of the list price. The 93% indicates that sellers are moving off the list price a little. This is to be expected in the current buyer's market. The majority of the sales (61%) were three bedroom homes with 29.5% being for 4+ bedroom units. The median sales price for the homes sold was $199,450 with the average days on the market hovering in the 120-day range.

With an inventory of approximately 7700 single family units for sale at this time buyers have choices - many choices. With the prices so attractive, now is the time to buyin Brevard County - Florida's Space Coast. If you have a specific question about real estate opportunities in Brevard County, give me a call!