Brevard County Florida Real Estate

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Brevard Real Estate Market (Mar 2006)

Brevard County residential real estate resold home sales are down 44% as compared to Jan-Mar 25 or 2005; this comes after a blistering 4 year run in residential sales.

Brevard Residential resold home sales:
Oct 2005 - 3298 homes resold
Nov 2005 - 3370 homes resold
Dec 2005 - 4656 homes resold
Jan 2006 - 3398 homes resold
Feb 2006 - 2215 homes resold

FSBO: A study conducted in Florida Association of Realtors (FAR) found median price of a home sold represented by a licensed Real Estate Agent brought $45,000 more than a home sold by owner.

Florida still holds the title as the hottest Real Estate market in the Southeast for
home prices, soaring nearly 27 percent last year, according to an
analysis report issued by the Federal Deposit Insurance Corp. The
median price for a home in Florida rose by a record rate of $56,000
in 2005. Leading the pack was Naples at $113,000 in appreciation
last year. The overall report also shows healthy job creation across
the region. Florida is generating jobs at the fifth-fastest rate in the
nation and tops in the Southeast. Construction, retail and temporary
jobs are multiplying the most, creating pockets of worker shortages
in southwestern parts of the state. As a result, the state has the
third-best unemployment rate in the United States.

Source: The Florida Times-Union, (04/06/2006)

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