Bridget Sentz, Realtor & Carolyn Smith, Realtor ~ Coastal Estate Team - Brevard County, FL Real Estate: Home Sales Up Almost 50%
More great news about the Brevard County, Florida real estate market! Recent figures released by Florida Realtors show that single-family home sales in Brevard County jumped almost 50 percent in September as compared to one year ago. Additionally, the median price for an existing home in Brevard County increased 10 percent during the same time period, and pending sales also rose over 50 percent as compared to this time last year. These figures are exceptionally notable because typically, sales are slower in the months leading up to the holidays with people less focused on real estate and more focused on the upcoming events of the holidays. According to Lawrence Yun, chief economist for the National Association of Realtors, "Low interest rates and price gains holding steady led to September's healthy increase."
This is great news if you are thinking of selling your Brevard County home or condo! And if you are thinking of buying, now is the time, before home prices and interest rates (which are still historically low) increase even further!
Source of info: Florida Today and Florida Realtors
If you are considering Selling your Brevard County home, don’t hesitate to contact The Coastal Estate Team to discuss your home’s current value. If you are looking to Buy a home in the Brevard County area, there is no one who will work harder to find you the perfect home than Bridget and Carolyn! Contact the Coastal Estate Team today and experience Twice the Excellence!
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