Curious about how the Brevard County real estate market is performing? Last updated on: 12/12/2020, 3:25:04 AM Eastern. Brevard County, FL Real Estate Trends. Space Coast MLS, Stellar MLS, Miami REALTORS® MLS / Southeast Florida Regional MLS, Realtors® of the Palm Beaches and Greater Fort Lauderdale MLS, and realMLS. 53.1% of homes here sold below asking price last month. Homes in Brevard County, FL sold for 1.53% below asking price on average in November 2020. Rocket Homes Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. See more ideas about brevard county florida, brevard county, big ticket item. There are 6441 active homes for sale in Brevard County, FL, which spend an average of 61 days on the market. ¹Based on Quicken Loans data in comparison to public data records. All rights reserved. REAL ESTATE MARKET REPORT: Brevard Single Family Home Median Sales Price Up 7.8% to $248,000 ABOUT THE AUTHOR Bobby Freeman, a lifetime resident of Brevard County… Takeaway: Due to the affordability of the market and natural beauty of the area, Brevard County shows a strong, long-term potential for growth. Copyright 2020 My Florida Regional Multiple Listing Service DBA Stellar MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. On average, homes in Brevard County, FL sell after 61 days on the market. The origin year for the series is 2005. * To verify enrollment eligibility, contact the school or district directly. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The median home price went up from $120,00 to $143,000 in the same period. Desirable homes are selling quickly and with a multiple offers from buyers on the table. Warmer weather and the relatively affordable Brevard County … Last updated on: 12/12/2020, 4:22:59 AM Eastern. Strong sales kept inventory at low levels, accelerating the price rise that started April 2010. Brevard County is a county in Florida and consists of 31 cities. Brevard Housing Market Information. The median sale price was $248.5K. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate LLC or any of its affiliates. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. Additionally, there are 816 rentals, with a range of $480 to $13.5K per month. Get your instant Brevard County Home Value and Brevard County Market Report for your neighborhood. Last updated on: 12/12/2020, 4:08:26 AM Eastern. At the same time last year, Brevard County was a Seller's Market. Malabar. With a population of 7,900, 3,421 total housing units (homes and apartments), and a median house value of $248,921, Brevard real estate prices are well above average cost compared to national prices. There are 6,433 homes for sale, ranging from $2K to $15.8M. In November 2020, the median list price of homes in Brevard County, FL was $240K, trending up 6.7% year-over-year. With more closed sales than in years prior, steadily increasing median sales prices, and an overall reduced time from listing to sale, Brevard County’s housing market caught the attention of investors and interested homebuyers around the world. My 40 years of Real Estate experience has given me in-depth knowledge of the factors which influence market trends and values. In even better news, some real estate firms reported a run on purchases in the past few months. Brevard County, FL. These latest trends suggest an important question. The average sale price per square foot in Brevard County is $156, up 13.0% since last year. 1 in every 6243. By communicating with us by phone, you consent to calls being recorded and monitored. © 2020 Rocket Homes Real Estate LLC. The Average Residential Absorption Rates For Brevard County: 2004: 2.6 2005: 4.4 2006: 9.5 2007: 15.6 2008: 16.1 2009: 9.9 2010: 10.2 Looking at these numbers and trends, you can see that Brevard County is still in a "Buyers'" Market, but good homes priced properly are selling. Melbourne Beach has a median listing price of $599K, making it the most expensive city. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Recent Posts Things to do in Malabar Grant/Valkaria, Florida There are 217 homes for sale in 32905 with a median price of $164,138, which is an increase of 7.7% since last year. Top 5 Cities. See more real estate market trends for Brevard County. Homes are typically worth $209/sqft. We hope it is an informative tool to assist you in staying apprised of current market trends. Last updated on: 12/11/2020, 1:32:05 PM Eastern. Read The Full Report. Way back in February 2003 Money Magazine named Brevard County the 6th hottest market in the U.S. (see Market Trends). 1 in every 1834. Data provided is deemed reliable but is not guaranteed. Contact: (888) 468-4735. Discover all top-rated schools in and around Brevard County and consider buying a home near a school. This is our firm’s 1st Quarter 2017 overview of the Brevard County Commercial Real estate market, specifically addressing occupancy levels of the Apartment sector. Currently Brevard County, FL is in the midst of a real estate boom so to speak. Copyright © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. Find out what your Brevard County home is worth today! Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Brevard County New Construction and Plans, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? So what does this mean for you? In the past, our report has covered several different property types. All listings featuring the RAPB+GFLR logo are provided by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Cash buyers (which indicate a strong investor presence) now account for 40% of all Brevard sales, down from 50% in early 2012. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. Is there an opportunity to bring more luxury-oriented properties to Brevard County? See more real estate market trends for 32905. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Using MMT SearchNet, users in Brevard County Florida can find information on tax records, pre-foreclosures, foreclosures, unlisted sales, new home sales, condo sales, and sales of properties that are not listed in the MLS. The median price per square foot in Brevard County has increased by 2.1% over the past year. Find out if it’s currently a buyer’s or seller’s market with up to date information about the trends going on in the Brevard County area. This information is not verified for authenticity or accuracy and is not guaranteed. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. Learn about the Brevard County, FL housing market through trends and averages. Copyright © 2020 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. Secure your position in the market with a mortgage from Rocket Mortgage® by Quicken Loans®, our sister company. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. It includes some local commentary on the Brevard County real estate market that should help with your property search. Most homes for sale in Brevard County stay on the market for 75 days and receive 1 offer. RealtyTrac provides detailed information on Brevard County real estate statistics & foreclosure trend summary to keep investors, realtors, & consumers updated. Trends in the Brevard County FL Renter Fraction The Brevard County household renter fraction peaked in in 2014 at 30.65% and is now 8.16% below that level. Many real estate buyers hear that they can save money by shopping for homes in the winter. The median listing price per square foot was $156. The list price of homes in Brevard County has increased by 10% since last year. Foreclosure Rates for Brevard County, FL. Nearby Real Estate. Today I have another quick Brevard County market update for you. There are 87 elementary schools, 46 middle schools, 34 high schools and 100 private & charter schools. If you're buying a home in Brevard County, you may be able to get a good deal. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Rocket Homes Real Estate LLC main office is located in Detroit, MI. There are 6,433 homes for sale in Brevard County, FL, 398 of which were newly listed within the last week. Here’s a quick recap. BREVARD REAL ESTATE: Take Advantage of Home Buying Affordability in Today’s Market By Bobby Freeman, Realtor // July 24, 2020 check out how affordability works Get my free home buyer guide. View Brevard County Florida housing market trends reports, builder trend reports, lenders trend reports, closing agents trend reports and local market real trend reports. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Brevard Multiple Listing Service. Bidding wars are common. The trend for median days on market in Brevard County, FL has gone down since last month, and slightly down since last year. Micco is the most affordable city, with a median listing price of $134.5K. Homes for sale in Brevard County, FL have a median listing price of $240,000. Here’s an insider look at the 2016 real estate trends that will affect the Brevard County housing market. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Harriet Ellis Realtor 7100 N Atlantic Ave Cape Canaveral, FL 32920 Office Phone: (321) 799-0221 Cell Phone: (321) 474-4400 Real estate agents affiliated with Coldwell Banker are independent contractor sales associates and are not employees of the company. There are 7,855 homes for sale in Brevard County with a median price of $269,091, which is an increase of 10.0% since last year. Last year, West Melbourne’s real estate market was voted one of the healthiest housing markets in the country, according to SmartAsset. Prices are rising in response to lack of inventory. Condos are selling fast and buyers who are waiting for the “perfect” condo are losing out. ... REAL ESTATE MARKET … However, the real estate market in Brevard county does not always follow national trends. ²Based on Rocket Homes℠ closed client surveys received from 2011-2020. Fraction of Renting Households: Brevard County FL, Florida, US Brevard County Residential Real Estate Market Report - March 2020 By Laura Forman Real Estate Agent with RE/MAX AEROSPACE REALTY www.LauraSellsBrevard.com SL3236966 Email Short URL Share: April 14, 2020 07:41 AM BREVARD COUNTY RESIDENTIAL REAL ESTATE. Housing Market Trends in Brevard County, FL In October 2020, the median list price of homes in Brevard County, FL was $240K, trending up 6.7% year-over-year. CA BRE#01804478. Brevard County, FL is a seller's market in November 2020, which means that there are more people looking to buy than there are homes available. By submitting your contact information, you agree to our Terms of Use and Privacy Policy. Median Days on Market: 44: 40: 10% : 37: 41-9.76% : Average Listing Price: $314,014: $276,751: 13.46% : $300,189: $276,998: 8.37% : Average Selling Price: $306,218: $269,101: 13.79% : $292,002: $268,249: 8.85% : Average Days on Market: 64: 74-13.51% : 60: 73-17.81% : List/Sell Price Ratio: 97.5%: 97.3%: 0.29% : 97.4%: 97%: 0.43% Merritt Island. MARKET … Population Will Increase, Economy Will Get Stronger. There are 267 schools in Brevard County, FL. This 2018 guide has 6 easy-to-follow tips that are proven to save both time and money. Florida is the third fastest-growing state in the … The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. Brevard County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time. Builders flocked to Brevard and their excess construction created oversupply and discount pricing, but that market correction is gone, so this may be your last chance to get in on a bargain where real estate became far cheaper than most of the country. Based on information from Space Coast MLS, Stellar MLS, Miami REALTORS® MLS / Southeast Florida Regional MLS, Realtors® of the Palm Beaches and Greater Fort Lauderdale MLS, and realMLS for the period 12/01/2018 - 12/01/2020. This trend is already occurring for homebuyers. Space Coast Housing Market Snapshots Below you will find Market Snapshots that capture monthly Brevard County housing market statistics. Avg time on Rocket Homes in Brevard County has remained consistent over time. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Affordability of Living in Brevard County, FL. Statistics tell the story with a Brevard County increase of homes sales to 851 this October over 727 last October. © 2020 Miami Association of REALTORS®. The average sale price of a home in Brevard County was $264K last month, up 16.6% since last year. October 2020. Be in the know and find out what is going on in the Brevard County Housing Market. I can help you. Copyright 2020 Realtors® of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service, Inc.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. You also expressly consent to having Rocket Homes Real Estate LLC, Quicken Loans Inc., Amrock Inc., One Reverse Mortgage, LLC, and affiliates in our family of companies contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. 321-339-8740 direct. In the past month, 4345 homes have been sold in Brevard County . IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. Some of the best schools near Brevard County, Florida are Quest Elementary School, Westshore Junior/Senior High School and Edgewood Jr/Sr High School. This, combined with long-term knowledge of communities and developments throughout Brevard County, allows me to analyze the “big picture” and provide my clients with extra insight into market characteristics. There are 31 cities in Brevard County. The Brevard County housing market is looking pretty good. Getting Back to Normal: The Housing Market Will Stabilize In 2016, everything we are reading and seeing show home prices and sales growing at a slower pace than … If you are interested in getting a beach house, there are a few things you should know about local real estate trends in … Information Deemed Reliable But Not Guaranteed. Know what you are committing to before you sign! Apr 28, 2020 - What kinds of things are cosmetic and what are big ticket items? If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. Quicken Loans (also doing business as Rocket HQ), Rocket Homes Real Estate LLC, and Rocket Loans are separate operating subsidiaries of Rock Holdings Inc. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable legal and regulatory requirements. BREVARD COUNTY, FLORIDA – The median sales price for Brevard single-family homes is up 4.5% to $250,000 compared to a year ago, which was $239,208. Rocket Homes℠ and the Rocket Homes℠ Logo are service marks licensed to Rocket Homes Real Estate LLC. All Rights Reserved. Real Estate Market Report. Last updated on: 12/12/2020, 4:10:28 AM Eastern. Discover more Brevard County listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Whether you are buying or selling Brevard County real estate, these Space Coast housing market statistics will provide helpful insights based on data from our Multiple Listing Service (MLS). Stellar MLS all rights reserved the last week data provided is deemed reliable is. Tasks - or Else, Debunked verified for authenticity or accuracy and is not and. To verify enrollment eligibility, contact the School or district directly property search cities! Has covered several different property types experience has given me in-depth knowledge of the Fair Housing Act the!, Brevard County, FL was $ 240K, trending up 6.7 % year-over-year committing to before you sign rockethomes.com. 1:32:05 PM Eastern several different property types County and consider buying a home near School... 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