Brevard News and Information - We Know Brevard

Wow October continues to roll!

posted by WeKnowBrevard Blog @ 8:50pm, Thursday 16 October 2008.

Let's get back to the real estate market for a minute.

There have been 27 homes sells so far in the Suntree/Viera area. (10/15/08)

                                              Sold         Available         Mthly Supply

Below $100,000                   1                  15                       7

$100,000-$250,000           15                224                    7.5

$250,000-$500,000             9                187                    10

$500,000-$750,000             1                 49                      24.5

$750,000-$1,000,000          1                 23                      11

There is a glut of homes in the $100K-$500K range but the $500K-750K  range has the highest monthly supply at 24 months.There are some nice deals out there right now but do your homework. Keep both hands on your checkbook until you let us do some research for you.

Rounding 3rd and heading home. Go Rays!

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