How’s the market?? The Brevard housing market just got busier…but not necessarily hotter. Here’s what changed in October. Inventory is dropping, and sales are improving slightly. It is taking longer for a property to sell, and the median sales price from the Space Coast MLS dropped 5%. … More Are Buyers Finally Catching a Break on the Space Coast?
Price changes are up. We are seeing almost 2,000 price adjustments per month with 1971 this July
Day on market is hovering around 70 days on market for a contract with 69.44 days in July
The average sales price is down slightly from July 2024, with 426,808 as the average sales price
Median sales price is also trending down from July 2024, with $354,985 as the median sales price
… More Seller Concessions and Market Insights for July 2025
If you have been wondering when the right to Buy a house is…Your time is here. Active inventory is up 17% from the beginning of the year. New property on the market is up 24% over the 1st half of 2023. Days on market is up 41% over the 1st half of 2023. Bank Owned sales are up 20%. … More BUYERS YOU SHOULD STOP WAITING
The 2023 housing market has had an interesting year. Predictions by many people were that the market was going to crash with interest rates breaking through the 8% mark and insurance skyrocketing in Florida. The crash hasn’t happened yet. But here are some of the changes we saw in our market: … More Will Home Prices Drop In 2024?
October sales are in the books, it is time to take a deep dive into the numbers to see what changes are happening in our housing market. Looks like we are going back in time to our 2018/2019 housing market. Is this really a good thing? … More Housing Market Update October 2023
We are ¾ of the way through 2023 and the best way to describe our market is frozen… stifled…dormant…lethargic…stagnant…stalemat…jammed up…Has the cost of homeowners insurance and high interest rates had an effect on the Florida real estate market? … More Florida Real Estate: Buckle Up!!
There are a lot of people looking for and anticipating a housing market crash. Interest rates have been hovering in the low 7% range and are at the highest rates we’ve seen since 2000. Homeowners Insurance is getting challenging to find for some of the homes in the area. Add to the mix the tropics heating up with our first named hurricane to hit the state of Florida in August…things are certainly lining up for a housing market crash. … More Housing Inventory Gone Wild
Why are we not seeing more listings coming on the market? If someone needed to sell before buying; they were hesitant to put their home on the market for fear of their home selling before they can find a replacement property & end up being homeless. Another factor we are starting to see is … … More Housing Market Update April 2022 Brevard County and Cocoa Beach Florida
A lot of people are predicting a market crash is inevitable. Just look at the headlines…I am certainly not clairvoyant, but I do study our MLS everyday looking at the trends and seeing if there are any changes that are happening. Here is what I am seeing.
… More Housing Market Update March 2022 Brevard County and Cocoa Beach Florida
Are we in a housing bubble? Is a housing crash coming? When will house prices drop?
Are you wondering about any of these questions or scenarios? … More Housing market update July 2021 Brevard County and Cocoa Beach Florida
Cocoa Beach Insider 