Homes for Sale > Real Estate Market > Florida Real Estate Market > Cocoa Beach Real Estate Market

Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Cocoa Beach. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 321-693-3412. It is a great vacation desintation because of our great beaches and easy trip to the Orlando attractions. Better yet jump on one of the cruise ships pulling out of the port.

Average Home Price $200,000 - View Graph Trend
Average Price Compared to Last Year Down 25-30%
Average Time on Market 30-60 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend Decreasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in Cocoa Beach isIncreasing
Seller Activity for the past 90 days in Cocoa Beach is?Decreasing
Multiple Offers?Yes
Multiple Offers CommentaryEspecially Bank Owned and anything well priced waterfront.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?20-25%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersThe inventory is low and prices have stabilized and we do expect a small adjustment upwards
Housing Inventory Limited Supply
Inventory CommentsWe have had an 36% decrease in our inventory over the past few months and expect that trend to continue
Greatest Activity Investors
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Cocoa Beach! Cocoa Beach is a very popluar especially with Europeans and Canadians. Canadians represent 30% of our buyers at present
Nearest Metro Areaorlando
Housing Hot SpotsMost cities within the Brevard County area are considered ’Housing Hotspots’
Average Sold Price $200,000 - View Graph Trend
Cocoa Beach Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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     321-693-3412
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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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Judy Dassinger
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Judy Dassinger
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