Is there an opportunity to bring more luxury-oriented properties to 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. Homes are typically worth $209/sqft. © 2020 Miami Association of REALTORS®. 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. We hope it is an informative tool to assist you in staying apprised of current market trends. This information is not verified for authenticity or accuracy and is not guaranteed. Curious about how the Brevard County real estate market is performing? 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. In the past month, 4345 homes have been sold in Brevard County . Warmer weather and the relatively affordable Brevard County … ²Based on Rocket Homes℠ closed client surveys received from 2011-2020. View Brevard County Florida housing market trends reports, builder trend reports, lenders trend reports, closing agents trend reports and local market real trend reports. Florida is the third fastest-growing state in the … Get my free home buyer guide. Information Deemed Reliable But Not Guaranteed. 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% The trend for median days on market in Brevard County, FL has gone down since last month, and slightly down since last year. CA BRE#01804478. Discover all top-rated schools in and around Brevard County and consider buying a home near a school. Cash buyers (which indicate a strong investor presence) now account for 40% of all Brevard sales, down from 50% in early 2012. It includes some local commentary on the Brevard County real estate market that should help with your property search. Statistics tell the story with a Brevard County increase of homes sales to 851 this October over 727 last October. Copyright © 2020 Northeast Florida Multiple Listing Service, Inc. All rights reserved. Contact: (888) 468-4735. 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. 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. 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. 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. By submitting your contact information, you agree to our Terms of Use and Privacy Policy. In the past, our report has covered several different property types. Many real estate buyers hear that they can save money by shopping for homes in the winter. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. Rocket Homes℠ and the Rocket Homes℠ Logo are service marks licensed to Rocket Homes Real Estate LLC. Be in the know and find out what is going on in the Brevard County Housing Market. The average sale price of a home in Brevard County was $264K last month, up 16.6% since last year. Nearby Real Estate. Get your instant Brevard County Home Value and Brevard County Market Report for your neighborhood. 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. 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… 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 … Takeaway: Due to the affordability of the market and natural beauty of the area, Brevard County shows a strong, long-term potential for growth. Find out what your Brevard County home is worth today! 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). Most homes for sale in Brevard County stay on the market for 75 days and receive 1 offer. Apr 28, 2020 - What kinds of things are cosmetic and what are big ticket items? Top 5 Cities. 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. However, the real estate market in Brevard county does not always follow national trends. This trend is already occurring for homebuyers. Today I have another quick Brevard County market update for you. 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. 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. Strong sales kept inventory at low levels, accelerating the price rise that started April 2010. Last updated on: 12/12/2020, 3:25:04 AM Eastern. 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. Homes in Brevard County, FL sold for 1.53% below asking price on average in November 2020. 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. There are 31 cities in Brevard County. All rights reserved. Brevard County, FL. Prices are rising in response to lack of inventory. Read The Full Report. 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. Space Coast Housing Market Snapshots Below you will find Market Snapshots that capture monthly Brevard County housing market statistics. 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. The average sale price per square foot in Brevard County is $156, up 13.0% since last year. 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. If you are interested in getting a beach house, there are a few things you should know about local real estate trends in … * To verify enrollment eligibility, contact the school or district directly. Brevard County is a county in Florida and consists of 31 cities. Last year, West Melbourne’s real estate market was voted one of the healthiest housing markets in the country, according to SmartAsset. Brevard Housing Market Information. All Rights Reserved. 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. My 40 years of Real Estate experience has given me in-depth knowledge of the factors which influence market trends and values. There are 267 schools in Brevard County, FL. 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. 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. Some of the best schools near Brevard County, Florida are Quest Elementary School, Westshore Junior/Senior High School and Edgewood Jr/Sr High School. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. 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