Melbourne Area Blog

Following are the sales statistics for November 2011 compared to November2010.  Due to the low inventory of homes for sale compared to last year the monthly numbers may not be a true snapshot of our housing market. The year to date figures following the monthly stats will put it in perspective. I have also added the the percentage of new listings in each category year to date.

November 2011 Sales Stats:

Following are the stats for November 2011 compared to November 2010:

Single Family Homes Sold : 523 - up -9.19% from November 2010

Condo's Sold : 93 - down - 10.58% from November 2010

Townhomes Sold : 35 - up - 29.63% from November 2010

Overall Combined Sold: 653 up 2.35% from November 2010

Year to date 2011 - 2010:

Single Family Home Sales: up 9.01%

Single Family New Listings: down 21.60% 

Condo Sales: up 18.31%

Condo New Listings: down 21.58%

Townhome Sales:  up 5.65%

Townhome New Listings: down 18.65%

All Properties: up 11.40%

All Properties New Listings: down 19.19%

Highest Sale Price:

Single Family Home : $945,000 -down - 35.93% from November 2010

Condo : $496,000 - down -44.89% from November 2010

Townhome : $224,990 - down - 21.06% from November 2010

Questions or comments?