FAWN LAKE - MARKET REPORT    -    November 11, 2007

There are currently 18 active listings on the market in this lovely gated community in MIMS, Brevard County FL.  They range in price from $310,000 for 2025 square feet under air to $975,000 for 5333 square feet under air. 

$300,000 - $400,000    -    8 listings
$400,000 - $500,000    -    6 listings
$500,000 - $600,000    -    2 listings
$775,000                     -    1 listing
$975,000                     -    1 listing

One property is under contract awaiting closing - List price $499,900 with 2825 square feet under air.

There have been 7 closings in Fawn Lake year to date ranging in price from $206,000 (there were issues with this one) to $430,000. 

I just closed on 4055 Fawn Lake Blvd. on 11/9/2007.  It was 3318 square feet under air and sold for $407,000.  Based on price per square foot, it was an exceptional value for such high end quality.  I have a new listing in Fawn Lake.  At $359,000 for 2629 square feet, it is also very well priced.  You can see it at  http://www.homesweethomeflorida.com/

Most of these beautiful custom homes, sitting on an average of 3/4 acres, are priced in line with the current market and are selling relatively close to list price.  It's a perfect time to buy your dream home and get in before the market goes back up - it's only a matter of when not IF...........

If you would like more information on these or other properties in Brevard County please contact me:

 MacMillan Broker-Realtor
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
President's Club Award 2007
Relocation Specialist
Titusville, Florida
Cell: 321.544.6808