Ultimately, the real estate market in Brevard County, Florida will come down to the inventory. It always does. And when inventory shrinks, prices usually go up.
Current as of October 14, 2011. All data from the Brevard Multiple Listing Service. Provided by Florida REALTORS®. Powered by 10K Research and Marketing.
- Single Family Home inventory 09/2010 - 4,207
- Single Family Home inventory 09/2011 - 1,991
- Condo/town house inventory 09/2010 - 1,108
- Condo/town house inventory 09/2011 - 504
- Months supply of inventory single family home 09/2010 - 14.2
- Months supply of inventory single family home 09/2011 - 5.6
- Months supply of inventory condos/town house 09/2010 - 18.6
- Months supply of inventory condos/town house 09/2011 - 6.3
Read more about the Brevard County, Florida Real Estate Market.
Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.
Read my blogs Florida Homes for Sale, Moving to Brevard County, Florida, and Brevard County Florida Real Estate Information.
Gary, Sorry to hear that you had to have a dental procedure last week. In spite of those things though, good agents are always aware of their market as you demonstrate in this post. With great information like this provided to your clients, they must appreciate you!
Good morning Gary,
Great news for your area, as is happening in so many communities around the nation. It's a good thing we put this out for consumers, as the media never seems to share the positive turns in the market!
Judi - Thanks. So true "good agents are aware"...
Lisa - Very true. The media does not see this as newsworthy! Thanks.
Gary, Great market report for clients local to your community. This information gives them a snapshot view of what's going on in their own backyard. Keep up the great job!
Gary, this is a very compelling market report that says a lot with just a few stats. And you're right, when inventory declines, prices will rise.
Sharon
Sandy - Thanks. See you in the Broker Class!
Sharon - Thanks.
LOVE to see the PLUS++++++ sign on prices!! We had a big minus year over year with about the same percentage!
Renee - YES! Thanks!