Melbourne Florida Homes for Sale

The year has started out stronger in Brevard County, Florida. Obviously this is the start of the year and one month can be a simple blip. Hopefully these trends will start and continue throughout the year.

*New Listings are down from January 2009-(12.71%)

*Sold Listings are flat from January 2009- +.42%

*Volume Sold is up from January 2009- +8.45%

*Average Sale Price is up from January 2009- +8.01%

Listings are down from the previous year and transactions and average sales price are up from the previous year. It is the beginning to a new year that could be exciting. Here is what is selling in Brevard County, Florida in average sales price:

$0-$49,999 – 78 units sold (16.2%)

$50K-$99,999 – 121 units sold (25.1%)

$100K-$159,999 – 116 units sold (24.0%)

$160K-$199,999 – 52 units sold (10.8%)

$200K-$249,999 – 40 units sold (8.3%)

$250K-$299,999 – 26 units sold (5.4%)

$300K-$399,999 – 26 units sold (5.4%)

$400K-$499,999 – 10 units sold (2.1%)

$500K+ – 14 units sold (2.9%)

49% of all homes sold in Brevard County were priced between $50,000 and $160,000. This is likely a result of many first time homebuyers in the market as well as homes that are in depressed prices in foreclosure and short sale situations.