Melbourne Area Blog

A Look Back at 2008    

It is all gloom & doom in the media for the Real Estate market, however, Brevard County has shown in increase in sales in the last half of the year. Amazingly enough in the month of September (which is a notoriously slow period for real estate sales), the number of single family sales was up a wopping 41% from September of 2007. Following are the numbers compared to the same month a year ago:

July - +7%

August - +15%

September -+41%

October - +18%

November - -15%

December - the final figures are not available yet, but we are holding about even from December 2007.

Yes, the price of single family homes has dropped about 20% year to date, but the increased sales is encouraging.

Also, with interest rates at their lowest point in many years, it is a great time to buy a home!

If you would like statistics on Condo or Townhome sales please email me:

sandy@sandylegere.com

Check back for a look into 2009 or subscribe to my blog!

My New Years resolution is to post Brevard Real Estate information more frequently!