Is a total housing market crash still coming?? Maybe…I believe any major adjustment in our housing market happened in 2022 with the increase of interest rates. If the rates spike to over 7% or test the 8% levels, we will see another slowdown in buyer patterns. If they drop to under 6% we will see a spike in new buyers … More February 2023 Housing Market Update Brevard County
Housing Market Update November 2021 Brevard County and Cocoa Beach Florida How’s the market? Usually, November through January things slow down some and inventory grows just a little. We aren’t seeing that yet. Year-to-date sales in the county are ahead of all of 2020 (which was our best year for real estate sales). Inventory is … More Housing Market Update November 2021
The housing market is starting the year at a fast and aggressive pace. First time I have seen over 1000 sales for the month of January. Multiple offers are expected. It is not uncommon for a property to sell in the first couple of days. We haven’t even hit our Spring market yet…This is just the beginning for 2021… … More Housing Market Update January 2021 Brevard County and Cocoa Beach Florida
Even though our 2nd quarter was the slowest we have seen in over 5 years our 3rd quarter sales came back and were the strongest we have seen in 5 years. … More Space Coast Housing Market Update September 2020
We are 5 months into COVID 19 and it has had some interesting effects on our real estate market. This is the August update for Cocoa Beach and the Space Coast. … More Market Update August 2020
We have been in a Sellers market for some time here in Brevard County, so low inventory isn’t really a new topic. Our inventory has been around 3 months supply for the last 5 years and we just dropped below a 2 month supply. You need to have a good plan in order to compete in this kind of Sellers market. Here are 5 things you need to do to have better success buying. … More Real Estate Market Update Q2 2020
Our local real estate market is doing really well in spite of all the things happening in our country and the world. Here is a look at our real estate market during the month of May 2020. … More Real Estate Update May 2020
Condo sales are what dominate the real estate market in the Cocoa Beach area. In May, however; the single-family home sales were something to talk about. The last few years, we have not sold more than 20 homes in any given month. … More Cocoa Beach Market Update May 2019
The active inventory for a single-family home in the Cocoa Beach area is also pretty close to last years inventory selection. We have 62 homes for sale ranging from $198,500 for a 3 bedroom handyman special in Cocoa Beach to a $4,500,000 oceanfront home … More Cocoa Beach Market Update April 2019
Since most of the sales in our beachside community are condos, let’s start there. As of April 1st, we have 266 active condos for sale. The inventory is up 15% from the same time last year. Sales for the first quarter are… … More Cocoa Beach Real Estate Sales 2019 1st Quarter
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