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 M A I N L A N D P R O P E R T I E S :
$320,000
368 Ocean Spray
$1,250,000
7701 Highway A1A
$315,000
2225 Highway A1A
E X C L U S I V E LY P R E S E N T I N G :
$549,000
5795 Pine Sap Ave
$288,900
130 Wading Bird Cir SW
$228,000
550 Deerfield Drive
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
2016 Brevard County Mainland Third Quarter Real Estate
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
M ARK E T RE P O RT 1550 Highway A1A Satellite Beach, FL 32937 321-222-9449
232 5th Avenue Indialantic, FL 32903 321-951-3300
1209 US-1 Sebastian, FL 32958 772-589-7777
Brevard County Mainland
Third Quarter Comparison 2016 to 2015 Investors and home owners continue to seek the mid-to-lower end of the market with prices rising nearly 30%. Inventory continues to be tight at most levels of the
Your Housing Forecast! The Right Pricing Will Keep Sales On Pace
3,958
+0.5% Homes Sold
market, causing healthy but steady price increases except at the higher end of the market, where there
FOR SELLERS:
county are up a healthy 1.6% even though the available inventory has taken a sizable decrease of -12.9%. Having the right priced condo is
is currently a generous supply of inventory, which is
key to keeping sales up. This quarter the
keeping prices flat. The condominium market on the
overall price increase is up 7%, even though
mainland in Brevard saw an increase in average price
the inventory is low, making for smart price
as well as an overall dip in inventory levels.
adjustments on the sellers part. The health of
$319K
Average Price +77.7% Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2016
3664
570
1.4
$175,850
2015
3976
663
1.5
$135,434
Change
-7.8%
-14.0
-6.7%
29.8%
2016
1151
402
3.1
$347,104
2015
846
390
4.1
$324,406
Change
36.1%
3.1%
-24.2%
7.0%
2016
137
138
9.1
$665,851
2015
105
122
10.5
$640,724
Change
30.5%
-13.1%
-13.3
3.9%
2016
6
21
31.5
$1,404,798
2015
5
18
32.4
$1,216,780
Change
20.0%
16.7%
-2.8%
15.5%
2016
4958
1131
2.1
319,326
2015
4932
1193
2.2
$179,703
Change
0.5%
-5.2%
-5.7%
77.7%
FOR BUYERS & INVESTORS:
Slightly Cloudy, with inventory tight and prices on the steady rise, you will need someone market savvy to guide you.
this market will depend upon the right price with this amount of inventory.
SINGLE FAMILY HOMES Price Point
Bright and HOT but Pricing is key. Keeping the pricing competitive and accurate with take the experience of a stellar Realtor.
Condo sales on the mainland of Brevard
CONDOS 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
418
75
1.6
$102,001
2015
404
79
1.8
$82,116
Change
3.5%
-5.1%
-8.2%
24.2%
2016
13
16
11.1
$422,281
2015
32
25
7.0
$332,381
Change
-36.0%
-36.0%
57.5
27.0%
2016
2
4
18.0
$584,950
2015
4
8
18.0
$684,500
Change
-50.0%
-50.0%
0.00%
-14.5%
2016
0
1
0
$0
2015
0
0
0
$0
Change
0%
0%
0%
0%
2016
433
96
2.0
$190,587
2015
440
112
2.3
$105,793
Change
-1.6%
-14.3%
-12.9%
80.2%
Brevard County Mainland
Third Quarter Comparison 2016 to 2015 Investors and home owners continue to seek the mid-to-lower end of the market with prices rising nearly 30%. Inventory continues to be tight at most levels of the
Your Housing Forecast! The Right Pricing Will Keep Sales On Pace
3,958
+0.5% Homes Sold
market, causing healthy but steady price increases except at the higher end of the market, where there
FOR SELLERS:
county are up a healthy 1.6% even though the available inventory has taken a sizable decrease of -12.9%. Having the right priced condo is
is currently a generous supply of inventory, which is
key to keeping sales up. This quarter the
keeping prices flat. The condominium market on the
overall price increase is up 7%, even though
mainland in Brevard saw an increase in average price
the inventory is low, making for smart price
as well as an overall dip in inventory levels.
adjustments on the sellers part. The health of
$319K
Average Price +77.7% Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
2016
3664
570
1.4
$175,850
2015
3976
663
1.5
$135,434
Change
-7.8%
-14.0
-6.7%
29.8%
2016
1151
402
3.1
$347,104
2015
846
390
4.1
$324,406
Change
36.1%
3.1%
-24.2%
7.0%
2016
137
138
9.1
$665,851
2015
105
122
10.5
$640,724
Change
30.5%
-13.1%
-13.3
3.9%
2016
6
21
31.5
$1,404,798
2015
5
18
32.4
$1,216,780
Change
20.0%
16.7%
-2.8%
15.5%
2016
4958
1131
2.1
319,326
2015
4932
1193
2.2
$179,703
Change
0.5%
-5.2%
-5.7%
77.7%
FOR BUYERS & INVESTORS:
Slightly Cloudy, with inventory tight and prices on the steady rise, you will need someone market savvy to guide you.
this market will depend upon the right price with this amount of inventory.
SINGLE FAMILY HOMES Price Point
Bright and HOT but Pricing is key. Keeping the pricing competitive and accurate with take the experience of a stellar Realtor.
Condo sales on the mainland of Brevard
CONDOS 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
418
75
1.6
$102,001
2015
404
79
1.8
$82,116
Change
3.5%
-5.1%
-8.2%
24.2%
2016
13
16
11.1
$422,281
2015
32
25
7.0
$332,381
Change
-36.0%
-36.0%
57.5
27.0%
2016
2
4
18.0
$584,950
2015
4
8
18.0
$684,500
Change
-50.0%
-50.0%
0.00%
-14.5%
2016
0
1
0
$0
2015
0
0
0
$0
Change
0%
0%
0%
0%
2016
433
96
2.0
$190,587
2015
440
112
2.3
$105,793
Change
-1.6%
-14.3%
-12.9%
80.2%
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 M A I N L A N D P R O P E R T I E S :
$320,000
368 Ocean Spray
$1,250,000
7701 Highway A1A
$315,000
2225 Highway A1A
E X C L U S I V E LY P R E S E N T I N G :
$549,000
5795 Pine Sap Ave
$288,900
130 Wading Bird Cir SW
$228,000
550 Deerfield Drive
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
2016 Brevard County Mainland Third Quarter Real Estate
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
M ARK E T RE P O RT 1550 Highway A1A Satellite Beach, FL 32937 321-222-9449
232 5th Avenue Indialantic, FL 32903 321-951-3300
1209 US-1 Sebastian, FL 32958 772-589-7777