It’s been an amazing past year for real estate in Brevard County. January home sales are on the rise (up 11.4 percent over last year) and inventory is starting to creep up a little. In 2011 Space Coast Association of Realtors, Inc. had approximately 1,900 single-family homes on the market, and today it has over 3,000. Homes are selling quicker than they have been in a long time. Last year was a great start for housing recovery and the company believes that this year should stay the course.

During 2013, it saw an increase in residential sales of 14.9 percent and the median sales prices increased by 6.8 percent. Its 2013 condominium and townhouse market also experienced a 6.8 percent increase in overall sales and the median sale price increase by 5.7 percent. If all stays stable, it should be another great year for sellers to sell and buyers to buy.

 

Space Coast Association of Realtors, Inc.
Merritt Island: 321.452.9490
Melbourne: 321.242.2211
105 McLeod Street, Merritt Island, FL 32953
1450 Sarno Road, Melbourne, FL 32935
Space321.com
BrevardMLS.com