2018 3rd Quarter Brevard County Mainland
RECENTLY SOLD
SOLD $715,000 950 Stratford Place
SOLD $370,000
3075 Constellation Drive
SOLD $354,000
3475 Shady Run Road
SOLD $335,000
560 Lake Ashley Circle
SOLD $455,000
3728 Peacock Drive
SOLD $369,500
4247 Montreaux Avenue
SOLD $349,000
2745 Tuscarora Court
SOLD $318,200 960 Shaw Circle
www.FLColdwellBanker.com
SOLD $410,000
555 Chestnut Street
SOLD $355,000
1401 Whitman Drive
SOLD $342,000
325 Barrymore Drive, Rockledge
Homes are are selling fast! Call now to see how much your home is worth! 321-951-3300
SATELLITE BEACH OFFICE 1550 Highway A1A Satellite Beach FL, 32937 321-222-9449 INDIALANTIC OFFICE 232 5th Ave Indialantic FL, 32903 321-951-3300
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SEBASTIAN 1209 US-1 Sebastian FL, 32958 772-589-7777
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With 11 offices covering 135 miles of Florida’s East Coast, Coldwell Banker Paradise is the area’s largest full service real estate company.
2018 Brevard County 3rd Quarter Real Estate
MARKET REPORT
Price Point
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
Condos Sold
Current Listings
Month’s Supply
Average Price
Under
2018
3076
648
1.9
$174,937
$250,000
2017
3284
538
1.5
$172,015
451
89
2.6
$115,281
423
107
2.0
$110,520
Change
-6.3%
+20.4%
+28.6%
+2.0%
6.6%
-16.8%
+27.5%
+4%
$250,001 to
2018
1750
583
$500,000
2017
1406
531
3.0
$325,969
21
12
3.0
$363,845
3.4
$339,133
15
8
12.0
$382,160
Change
+24.6%
+9.8%
-11.8%
-4.0%
+40.0%
+50.0%
-75.0%
-5.0%
$500,001 to
2018
219
160
6.6
$603,155
8
5
0
$618,496
$1,000,000
2017
164
159
8.7
$646,715
2
1
18.0
$599,900
Change
+33.5%
+0.6%
-24.6%
-7.0%
+300.0%
+400.0%
0
+3.0%
Over
2018
20
26
11.7
$1,235,512
0
1
0
$1,000,000
2017
18
22
11.0
$1,293,497
0
1
0
$1,449,999
Change
+120.0%
+18.2%
+6.4%
-4.0%
0.0%
0.0%
0
-100.0%
2018
5065
1417
2.5
$249,822
480
107
2.7
$134,542
2017
4872
1250
2.3
$240,365
440
117
2.3
$122,004
Change
+4.0%
+13.4%
+9.0%
+4.0%
+9.1%
-16.2%
+21.0%
+10.0%
Total
Healthy Market: Great News for Both Buyers and Sellers While buying and selling a home can be stressful, the current housing market conditions should give peace of mind to both sides of the deal. The slow rise in interest rates is being offset by strong job and income growth in Brevard. New home construction is helping to fill some of the demand keeping price increases to slightly above the rate of inflation at 4-10%. Both buyers and sellers working with their realtor to set appropriate expectations should find this an outstanding market to make their move. If you are considering buying or selling, sit down with your real estate agent to find out the value of your current home. Call 321-951-3300 to contact your preferred real estate agent today.