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Spring 2012 Market Update
I’m here for Your Home Needs. Let me know how I may assist you. Thank you for stopping by - buy!
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $300,000 - $349,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Cape Canaveral is | Increasing |
| Seller Activity for the past 90 days in Cape Canaveral is? | No Change |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Be careful of properties priced 'too good to be true'. Sometimes the properties will be listed very low to generate a bidding process. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 25-30% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | I have contacts for financing or any questions you may have about assistance in buying a property. Take a few minutes and get your pre-approval with a local lender so you understand your buying power now. |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Watch for the attractive opportunities and be ready to make a move. Some sellers are pricing the properties to SELL and you will see them go under contract in short order. I can provide a very accurate value analysis on any property you find. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | When you combine the opportunities to: buy at a very attractive price, with competitive interest rates, and walk to the Ocean - this creates a perfect time to buy beachside in Brevard County! |
| Nearest Metro Area | Melbourne, Florida |
| Housing Hot Spots | From Cape Canaveral south to Melbourne Beach, you can find a great property at a very good price. |
| Average Sold Price | $150,000 - View Graph Trend |
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Top Agent
HouseHunt, Inc.
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