brevard county real estate market outlook 2020

■ Months Supply of Inventory is down -12.5% to 3.5 months in May 2020 from 4.0 months in May 2019. ■ Traditional Sales are down -43.8%, with a median sales price of $178,500. October 2020. Considering a move? I have been helping people here in Brevard County buy and sell homes since 2003. ( Log Out /  Log In Sign Up. See house prices and market trends in Brevard County, FL. ( Log Out /  We have also added the new category, people from the west coast (Washington, Portland & California) showing an interest in our area along with New York, New Jersey, Illinois, Wisconsin, and Minnesota inquiring about homes and condos in the area. Recap of the Brevard County Residential Report for May 2020. ■ Closed Sales are down -34.7% for May 2020 in which the number of units closed was 716 compared to 1,096 in May 2019, with a decrease in cash sales of -46.3% compared to May 2019. ■ New Pending Sales are up +17.8% and New Listings are up +1.6%. The 3 sales were all 2 bedroom condos ranging from $295K to $395K. Brevard County Real Estate. The highest priced property sold for $2.1M in Rockledge Florida. Short Sale. 1 in every 3744 Cocoa. The group has been featured in many news publications including CNN Money Magazine, CNNMoney.com, WFTV 9 News, News 13, WKMG News 6, Coastal Condo Living Magazine, Hot Retirement Towns Magazine and SpaceCoastDaily.com. Building A Strong Real Estate Business - Interviewing Our Broker. Among McCoy-Freeman Group’s achievements are Certified Luxury Home Marketing Specialist (CLHMS), Certified Distressed Property Experts (CDPE), Accredited Buyer’s Representative (ABR) and voted Best Realtor in Brevard County. November 30, 2020 Space Coast Daily News – Brevard County’s Best Newspaper, HOT OFF THE PRESS! 1 in every 5015 Add this map to your website. They are also locals that are needing to either up-size or down-size their homes. Single family homes sales have been strong in Cocoa Beach and Cape Canaveral the last 2 years and the single family home inventory continues to drop. Likewise, the condo-townhouse median sale price increased as well, rising by 3.3% up just over $200,000. 2020 may still be a couple of months away, but every real estate investor knows the importance of following market trends. In October 2020, the median list price of homes in Broward County, FL was $330K, trending up 2.5% year-over-year. How’s the market? Broward County continues in a seller's market (inventory below 6 months of supply) with months of supply trending downward, a sign of the high demand for Broward real estate. Buying Brevard: Brevard County Residential Real Estate Market Report - March 2020. The roles are reversed in this week's episode as Susan Swanson will be interviewing our Broker/Owner, Garrett Bell, to find out more about how he started Denovo Realty less than one year ago! ( Log Out /  Brevard County, FL 1 in every 6243 Top 5 Cities. ■ Median Sales Price for Townhomes/Condos is down -10.2% to $168,000 compared to a year ago, which was $187,000. I can Help! Thank you for taking the time to read this housing market update for November 2020. As of December, there are over 1,900 homes for sale in the Brevard County Multiple Listing Service (MLS). These buyers are either given the OK to work remotely and are looking for our tropical climate, or they are using the pandemic as a reason to reset and find a better place to live. Don Norris brings you the Brevard County Real Estate - July Market Update live from Satellite Beach, Florida Brevard County collects, on average, 0.87% of a property's assessed fair market value as property tax. The vaccine approvals and vaccination date announcements have a lot of Floridians excited. BREVARD COUNTY OCEANFRONT CONDO FEATURED LISTINGS & SALES APRIL 2020 FEATURED ... What does that mean to the residential real estate market? - The Income Tax Rate for Brevard County is 0.0%. Europe Real Estate Market Outlook 2020 ; Download Report Contact Us. brevard county market, brevard county housing, brevard county MLS, brevard mls, brevardmls, space coast RealtyTrac provides detailed information on Brevard County real estate statistics & foreclosure trend summary to keep investors, realtors, & consumers updated. At the same time, the region’s multi family and condo market is being driven by retirees. ■ Foreclosure/REO Sales are down -40.0%, with 3 sales and a median sales price of $105,000. Casa Playa is an oceanfront condo in south Cocoa Beach. Call or text me at 321-795-1854 to start the conversation or visit this sight for some basic information on the value of your house or condo https://ericlarkin.remax.com/home-value-estimates. Add a new Widget Reorder Widgets. Most of the homes for sale in Cocoa Beach and Cape Canaveral are priced over $500K. Recap of the Brevard County Townhouses/Condos for May 2020 Recap of the Brevard County Townhouses/Condos for May 2020 ■ Closed Sales are down -43.8% for May 2020 … I am always happy to answer these questions & I would love to hear from you. Tour Port Canaveral. Florida Realtors housing market statistics for May 2020 have just been released, and they show several signs of a recovery from the titanic economic shock that was the onset of the COVID-19 pandemic in the U.S. Statewide, the most significant evidence we have of a rebound are the year-over-year changes we see for new pending sales in May. They are locals that are changing from being renters to homeowners. Slide the map to view. Eric Larkin is a Broker Associate with REMAX Aerospace. Today’s Brevard County real estate market presents many challenges and selecting the right real estate professional is imperative. Laura Forman RE/MAX AEROSPACE REALTY www.LauraSellsBrevard.com Address 4250 N. Wickham Rd. By Bobby Freeman – Realtor  //  June 23, 2020. We ended the month of November with 1972 … Condo sales remain strong in Cocoa Beach and Cape Canaveral with 62 sales. There were 4 homes sales in the communities just north of 520 on either side of Banana River Drive. Brevard County Real Estate. Turning now to home values, there’s more good news in that the sale prices for the home sales that closed in May remained stable. The single-family median sale price was up by 1-and-a-half percent versus last year, rising to $270,000. Search; Feed; Favorites; My Redfin; Mobile App; Homepage; Sell My Home; Saved Searches; Open House Schedule; Home Tours; Agent; Owner Dashboard; … Find out what your Brevard County home is worth today! Done Managing Widgets. The median property tax in Brevard County, Florida is $1,618 per year for a home worth the median value of $186,900. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%. Cocoa Beach and Cape Canaveral housing market update for November 2020. 2020 could be a pivotal year for the U.S. commercial real estate industry, with geopolitical, economic and local regulatory issues in keen focus. Real Estate Outlook. ( Log Out /  In August 2020 the housing market in Brevard County, FL is a seller’s market, which means there are roughly more buyers than there are active homes for sale. For more information log on to BrevardRealtyConnection.com, TO SEE CONDO LISTINGS LOG ON TO CocoaBeachCondoGallery.com. ■ Months Supply of Inventory is down -10% to 2.7 months, a decrease from 3.0 months in May 2019. ■ Traditional Sales are down -34.3%, with a median sales price of $251,500. If you have had any thoughts about selling your home or condo in Cocoa Beach or anywhere on the Space Coast, this is a great time to speak with me or another real estate agent to see what the low inventory and high demand means for your home. 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