Category: BREVARD REAL ESTATE REPORT

The spring buying season is here, but stubbornly high interest rates continue to present challenges for many prospective homebuyers here on Florida’s Space Coast. “The persistency of mortgage interest rates exceeding 7% has become a significant barrier for purchasers in the Sunshine State, notably first-time homebuyers who are grappling with these challenging financial waters,” says Jennifer McCoy of McCoy Freeman Real Estate. […]

The post REAL ESTATE MARKET WATCH: Median Sales Price for Brevard Single-Family Homes Up 7.3% to $379,000 appeared first on Space Coast Daily.

Brevard buyers faced high mortgage rates with 30-year fixed rates between 7.5 to 8%. Brevard’s real estate market slowed in November, even though there was a year-over-year increase in closed single-family home sales by over 18.5%, and townhouse and condo sales by 6.2%. […]

The post BOBBY FREEMAN: Median Sales Price For Single-Family Homes in Brevard Up 3.4% to $367,000 Compared to Last Year appeared first on Space Coast Daily.

BOBBY FREEMAN: The housing market in Brevard saw an increase year-over-year for median time to contract, new listings, and month’s supply of inventory. The median sales price for single-family homes was down 2.1%. […]

The post BOBBY FREEMAN: Median Sales Price For Single-Family Homes in Brevard County Was $370,000 in August appeared first on Space Coast Daily.

Brevard’s housing market demonstrated signs of consistent price stabilization and improving inventory levels throughout June and the second quarter (2Q) of 2023. […]

The post BOBBY FREEMAN: Steady Trends Signal Stabilization in Brevard’s Real Estate Market, Industry Expert Weighs In appeared first on Space Coast Daily.

In May, Brevard’s housing market had more for-sale inventory (active listings) compared to a year ago, while the county median sales prices remained relatively flat year-over-year. […]

The post BOBBY FREEMAN: Median Sales Price For Single-Family Homes in Brevard County Relatively Flat Year-Over-Year appeared first on Space Coast Daily.

BOBBY FREEMAN: Brevard’s housing market in April showed continuing trends from the past few months, with more for-sale inventory (active listings) and higher median sales prices for condo-townhouse units compared to a year ago. […]

The post BOBBY FREEMAN: Median Sales Price For Single-Family Homes was $360,000 in April appeared first on Space Coast Daily.