Melbourne Real Estate - June 2009 Housing Stats for Brevard County Florida

Welcome to Melbourne Real Estate

Hi Everyone!

June was another good month in the world of Real Estate in Brevard County.  For the month, 759 homes were sold which is a small increase over the 738 homes sold in May.  However, this is a  nice jump from 678 in April and 562 in February.  It's also up significantly from the 620 homes in June 2008. 

All of this is good news for the local real estate market.  We are seeing homes that are priced correctly going within a week or so with mutiple offers.  Foreclosures and short sales are all selling very quickly too with multiple offers.  There are still so many homes on the market that offer a great value for the product.  The key is to be open minded and a little flexible.  Most homes in Brevard County are up to 44% lower than their 2005 prices. 

With interest rates so low and the inventory shrinking, this is probably one of the best timesl we have had to buy in a long time.  Actually, a few months ago was probably the best prices, but it's still a great time to purchase your home!  This is especially true if you are planning on taking advantage of the $8,000 tax credit. 

As always, if there is anything we can do to help, just email us at thestaff@mitchrealty.com .  You can  view all homes that are for sale in Brevard County by clicking here for  Melbourne Real Estate.  Our office can show you any listings any where in the county.  We look forward to helping you!

Mitch

 

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