According to the Melbourne Area Association of REALTORS the Monthly Statistics for Brevard County Florida Real Estate for March 2008, provided by the National Association of REALTORS is as follows:
There were 274 single family homes sold for the month. This was an increase of 25.69% in units sold from February 2008. Average market time was 109 days for sold units.
There were 22 condo listings sold for the month. This was an increase of 15.79% in units sold from February 2008. Average market time was 176 days for sold units.
There were 15 townhouse listings sold for the month. This was a decrease of 28.57% in units sold from February 2008. Average market time was 92 days for sold units.
Conventional loans were used to purchase nearly 40% of the properties.
We are seeing that our market is steadily picking up each month, as more property becomes available for sale. More owners in place for over 5 years are becoming more realistic in pricing their homes for sale.
