PRST STD ECRWSS U.S. POSTAGE
PAID
STUART, FL PERMIT NO. 274
RESIDENTIAL CUSTOMER
R E C E N T LY S O L D B E A C H S I D E P R O P E R T I E S :
$795,000
10 Granada Ave
$750,000
1985 N Tropical Trail
$379,000
886 Limerick Drive
E X C L U S I V E LY P R E S E N T I N G :
$819,900
643 Loggerhead Island Dr
$375,000
1095 N Highway A1A 602
$249,500
197 Skyline Court
A B O U T C O L DW E L L B A N K E R PA R A D I S E : With so much of the market changing so quickly, it takes a savvy and experienced agent to help guide you. Coldwell Banker Paradise prides itself in providing our agents with the technology, and tools to provide the best customer service in the industry. Combined with our agents’ intimate knowledge of the local market, Coldwell Banker Paradise agents are uniquely positioned to provide you with the sales history of a particular neighborhood. For your free market assessment, call our Indialantic office at 321-951-3300.
C O L D W E L L
B A N K E R
P A R A D I S E
W W W. F L C O L D W E L L B A N K E R . C O M
2016 Brevard County Beachside Third Quarter Real Estate
M ARK E T R E P O RT 1550 Highway A1A, Satellite Beach, FL 32937
321-222-9449
Brevard County Beachside
Third Quarter Comparison 2016 to 2015 Your Housing Forecast!
Tightening inventory is leading to increase in prices across the board for single family homes beachside in Brevard.
Low Inventory Demands A Slight Increase In Pricing.
County, reports Coldwell Banker Paradise in their
This quarters inventory is down -19% in the
3rd Quarter Market Report. Inventory continues to be tight at most levels of the market, with overall supply down -22% even at the mid-to-higher end of the market. Significant price increases are being
1372
-8.4% Homes Sold
Very Bright! Key pricing will be necessary to stay on top in this competitive market.
condo market pushing prices to increase 63.4%. This has just begun to effect the amount of total sales of condos however at a mere -8.5%. The lack of inventory will
seen at the mid-to-higher end of the market as
continue to increase prices at a healthy rate
well. However, limited supply is leading to an overall
for this market. Knowing just the right price
decrease in sales.
point is key for sellers right now. Buyers
Average Price +105.6%
$681K
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
FOR BUYERS & INVESTORS:
Chance of Clouds! Tight inventory and smart pricing will require a market savvy guide!
will be on the hunt for the perfect mixture of quality and price, and will spot anything new very fast.
SINGLE FAMILY HOMES Price Point
FOR SELLERS:
CONDOS
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2016
464
46
0.9
$199,189
2015
641
70
1.8
$175,532
Change
-27.6%
-34.3%
-50.4%
13.5%
2016
692
196
2.5
$375,506
2015
669
193
4.1
$342,973
Change
3.4%
1.6%
-37.8%
9.5%
2016
181
129
6.4
$695,066
2015
151
124
8.9
$699,312
Change
19.9%
4.0%
-27.9%
3.8%
2016
35
52
13.4
$2,225,123
2015
36
51
26.1
$1,473,069
Change
-2.8%
2.0%
-48.8%
51.1%
2016
1372
423
2.8
$681,164
2015
1497
438
3.6
$331,370
Change
-8.4%
-3.4%
-22.9%
105.6%
Price Point
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2016
494
111
2.0
$179,231
2015
583
135
3.2
$127,792
Change
-15.3%
-17.8%
-36.8%
40.3%
2016
291
143
4.4
$354,517
2015
298
138
6.2
$341,689
Change
-2.3%
3.6%
-28.7%
3.8%
2016
73
76
9.4
$671,382
2015
61
65
15.9
$595,673
Change
19.7%
16.9%
-41.1%
12.7%
2016
5
4
0
$1,329,700
2015
1
7
0
100,500
Change
100%
-42.9%
0.0%
100%
2016
863
334
3.5
$370,158
2015
943
345
4.3
$226,582
Change
-8.5%
-3.2%
-19.0%
63.4%
Brevard County Beachside
Third Quarter Comparison 2016 to 2015 Your Housing Forecast!
Tightening inventory is leading to increase in prices across the board for single family homes beachside in Brevard.
Low Inventory Demands A Slight Increase In Pricing.
County, reports Coldwell Banker Paradise in their
This quarters inventory is down -19% in the
3rd Quarter Market Report. Inventory continues to be tight at most levels of the market, with overall supply down -22% even at the mid-to-higher end of the market. Significant price increases are being
1372
-8.4% Homes Sold
Very Bright! Key pricing will be necessary to stay on top in this competitive market.
condo market pushing prices to increase 63.4%. This has just begun to effect the amount of total sales of condos however at a mere -8.5%. The lack of inventory will
seen at the mid-to-higher end of the market as
continue to increase prices at a healthy rate
well. However, limited supply is leading to an overall
for this market. Knowing just the right price
decrease in sales.
point is key for sellers right now. Buyers
Average Price +105.6%
$681K
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
FOR BUYERS & INVESTORS:
Chance of Clouds! Tight inventory and smart pricing will require a market savvy guide!
will be on the hunt for the perfect mixture of quality and price, and will spot anything new very fast.
SINGLE FAMILY HOMES Price Point
FOR SELLERS:
CONDOS
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2016
464
46
0.9
$199,189
2015
641
70
1.8
$175,532
Change
-27.6%
-34.3%
-50.4%
13.5%
2016
692
196
2.5
$375,506
2015
669
193
4.1
$342,973
Change
3.4%
1.6%
-37.8%
9.5%
2016
181
129
6.4
$695,066
2015
151
124
8.9
$699,312
Change
19.9%
4.0%
-27.9%
3.8%
2016
35
52
13.4
$2,225,123
2015
36
51
26.1
$1,473,069
Change
-2.8%
2.0%
-48.8%
51.1%
2016
1372
423
2.8
$681,164
2015
1497
438
3.6
$331,370
Change
-8.4%
-3.4%
-22.9%
105.6%
Price Point
Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Year
Condos Sold
Current Listings
Month’s Supply
Average Price
2016
494
111
2.0
$179,231
2015
583
135
3.2
$127,792
Change
-15.3%
-17.8%
-36.8%
40.3%
2016
291
143
4.4
$354,517
2015
298
138
6.2
$341,689
Change
-2.3%
3.6%
-28.7%
3.8%
2016
73
76
9.4
$671,382
2015
61
65
15.9
$595,673
Change
19.7%
16.9%
-41.1%
12.7%
2016
5
4
0
$1,329,700
2015
1
7
0
100,500
Change
100%
-42.9%
0.0%
100%
2016
863
334
3.5
$370,158
2015
943
345
4.3
$226,582
Change
-8.5%
-3.2%
-19.0%
63.4%
PRST STD ECRWSS U.S. POSTAGE
PAID
STUART, FL PERMIT NO. 274
RESIDENTIAL CUSTOMER
R E C E N T LY S O L D B E A C H S I D E P R O P E R T I E S :
$795,000
10 Granada Ave
$750,000
1985 N Tropical Trail
$379,000
886 Limerick Drive
E X C L U S I V E LY P R E S E N T I N G :
$819,900
643 Loggerhead Island Dr
$375,000
1095 N Highway A1A 602
$249,500
197 Skyline Court
A B O U T C O L DW E L L B A N K E R PA R A D I S E : With so much of the market changing so quickly, it takes a savvy and experienced agent to help guide you. Coldwell Banker Paradise prides itself in providing our agents with the technology, and tools to provide the best customer service in the industry. Combined with our agents’ intimate knowledge of the local market, Coldwell Banker Paradise agents are uniquely positioned to provide you with the sales history of a particular neighborhood. For your free market assessment, call our Indialantic office at 321-951-3300.
C O L D W E L L
B A N K E R
P A R A D I S E
W W W. F L C O L D W E L L B A N K E R . C O M
2016 Brevard County Beachside Third Quarter Real Estate
M ARK E T R E P O RT 1550 Highway A1A, Satellite Beach, FL 32937
321-222-9449