Mortgage Help. Active inventory remains at record lows and property sales are still ahead of sales for 2019. There are 8,458 homes for sale in Broward County with a median price of $305,618, which is an increase of 9.5% since last year. ‘Balloon Glow’ Set This Weekend at Space Coast Daily Park in Viera, WATCH: Injury Care Clinic Features Doctors Experienced in Evaluation, Treatment of Auto Accident Injuries, Victoria Landing Assisted Living Features Resort Living On Scenic Indian River in Eau Gallie Arts District, HOT OFF THE PRESS! ( Log Out /  The 3 sales were all 2 bedroom condos ranging from $295K to $395K. - PR12817637 Since then he has achieved numerous sales awards from some of the largest real estate firms in the world. Social links are below if you want to send a DM or connect there, LinkedIn  https://www.linkedin.com/in/ericlarkin01. In the single-family home category, we actually experienced a 2.3 percent increase in the number of homes going under contract compared to May of last year. ■ Short Sale Closings are down -100% with no closed sales in May 2020 compared to 4 closed sales in May 2019. Cocoa Beach and Cape Canaveral housing market update for November 2020. Most of the homes for sale in Cocoa Beach and Cape Canaveral are priced over $500K. "The robust fundamentals of the South Florida housing market, pent-up demand and low mortgage rates will lead to increased buying activity in the coming months." Improve Credit. 4 bedroom 4 bath river-front home with over 4300 SqFt and is on an acre of land. Bobby Freeman, a lifetime resident of Brevard County, has been a top Realtor in the area for over two decades. The lowest priced home sold for $245K on W Gadsden, a 3 bedroom home on the west side of A1A to a 4 bedroom canal front home on S Banana River Blvd in Cocoa Beach for $1.049M. He lives, works, and plays in the Cocoa Beach area. You can call or text me 321-795-1854 or provide some of your information below and I will be happy to answer your questions through email too. Broward County continues in a seller's market (inventory below 6 months of supply) with months of supply trending downward, a sign of the high demand for Broward real estate. Most of the home sales happened in Palm Bay with 232 sales, The best selling zip code is 32940 with 117 sales. Summary; Market Trends; Foreclosure Trends; Foreclosure Rates for Brevard County, FL. brevard county market, brevard county housing, brevard county MLS, brevard mls, brevardmls, space coast The vaccine approvals and vaccination date announcements have a lot of Floridians excited. In his first year as an agent, Freeman received a Rising Star award from his Brokers. Prices range from $92K for a condo at the Golden Gate Manor in Cape Canaveral to $2.997M for the 10003SqFt penthouse in the Villa Verde condominiums in south Cocoa Beach. RealtyTrac provides detailed information on Brevard County real estate statistics & foreclosure trend summary to keep investors, realtors, & consumers updated. Text or Email anytime with your questions 24/7/365, Instagram https://www.instagram.com/CocoaBeachInsider, https://ericlarkin.remax.com/home-value-estimates, Merritt Island Florida: Living on N Banana River Dr, Follow Cocoa Beach Insider on WordPress.com. Jos Tromp Head of Research, Continental Europe; Head of Thought Leadership and Data Strategy, EMEA +31 (0)20 626 26 91 +31 631 96 94 38 Richard Holberton Head of Office Occupier Research EMEA +44 20 7182 3348 About Us; Careers; Case Studies ; Corporate Info; Corporate Responsibility; Investor Relations; Executive … The roles are reversed in this week's episode as Susan Swanson will be interviewing our Broker/Owner, Garrett Bell, to find out more about how he started Denovo Realty less than one year ago! Condo sales remain strong in Cocoa Beach and Cape Canaveral with 62 sales. Tax Rates for Brevard County - The Sales Tax Rate for Brevard County is 7.0%. Brevard County has one of the highest median property taxes in the United States, and is ranked 689th of the 3143 counties in order of median property taxes. Done Managing Widgets. Brevard County has seen the job market increase by 1.9% over the last year. Together they have more than 40 years of extensive experience in all aspects of the real estate industry, have sold over $420 million and are ranked in the top 1% of all Florida Realtors. 1 in every 5015 Add this map to your website. … Conversely, the real estate market in St. John’s is expected to recover in 2020, with increased consumer confidence expected to bring about stabilization. Turning now to home values, there’s more good news in that the sale prices for the home sales that closed in May remained stable. Ask me your questions on moving, relocating here, or anything about the community. Avoid Buyer/ Seller Mistakes. We’re going to take a look at some of the current real estate market trends and see what Florida housing market predictions they reveal for next year.. Florida Housing Market Predictions 2020 ( Log Out /  Here is what happened in our housing market for the Space Coast in November 2020. The buyers we have been seeing are in the expected categories. ( Log Out /  Delete. Due to a thriving economy, job growth especially within the technological fields, and the second best economy (behind Texas) in the nation, this is a great time to buy in Florida. Start your home search now. Florida Realtors housing market statistics for May 2020 have just been released, and they show several signs of a recovery from the titanic economic shock that was the onset of the COVID-19 pandemic in the U.S. Statewide, the most significant evidence we have of a rebound are the year-over-year changes we see for new pending sales in May. We ended the month of November with 24 homes for sale in Cocoa Beach and Cape Canaveral compared to having 60 homes for sale at the end of November 2019. We have also added the new category, people from the west coast (Washington, Portland & California) showing an interest in our area along with New York, New Jersey, Illinois, Wisconsin, and Minnesota inquiring about homes and condos in the area. Space Coast Housing Market Snapshots Below you will find Market Snapshots that capture monthly Brevard County housing market statistics. I can Help! “The Space Coast housing demand continues to be driven by record-low mortgage rates and shows no signs of rising significantly any time soon,” said Jennifer McCoy, Broker/Owner for McCoy-Freeman Real Estate serving all of Florida’s Space Coast. Eric Larkin is a Broker Associate with REMAX Aerospace. Sidebar Image. My focus is always on helping, answering your questions, and doing everything possible to make certain you have a smooth transaction from beginning to end. I have been helping buyers and sellers with their real estate needs since becoming a real estate agent in 2003. No matter the circumstances for the buyer demand, it will continue to be a sellers market with a high buyer demand as long as our housing inventory is at the current low inventory levels. Considering a move? Freeman, Jennifer McCoy and Nikki McCoy-Freeman are family owners of the McCoy-Freeman Real Estate Group on Florida’s Space Coast. Brevard County Real Estate Trends & Market Info. Find out what your Brevard County home is worth today! The group has been featured in many news publications including CNN Money Magazine, CNNMoney.com, WFTV 9 News, News 13, WKMG News 6, Coastal Condo Living Magazine, Hot Retirement Towns Magazine and SpaceCoastDaily.com. Malabar. 2 in the Venetian Way subdivision and 2 in the Cocoa Ocean Beach Subdivision. See house prices and market trends in Brevard County, FL. ■ Foreclosure/REO Sales are down -40.0%, with 3 sales and a median sales price of $105,000. If you do have questions about what all this means to you, let me know and I will get you the answers. See more real estate market trends for Broward County. It is one of a series of reports issued as a component of our Southeast U.S. Outlook Report (SEOR). Contact me for updates & off market opportunities in the Brevard County Real Estate Market @ James Edmunds @ 321.349.5068 ■ Short Sale Closings are unchanged at 0.0% with 0 closed sales in May 2020 compared to 0 closed sales in May 2019. “I believe June could be a very strong month for sales given the high levels of pent-up demand that has likely been released in recent weeks.”. Most of the active condos are available for under $300K in Cocoa Beach & Cape Canaveral. Log In Sign Up. If current trends and history are any real indicators, the residential real estate market in Brevard County will not only stay stable and active but increase through 2020 and perhaps, well into next year. 1 in every 1834 Merritt Island. Inspections. Change ), You are commenting using your Google account. In October 2020, the median list price of homes in Broward County, FL was $330K, trending up 2.5% year-over-year. Brevard County, FL 1 in every 6243 Top 5 Cities. By Bobby Freeman – Realtor  //  June 23, 2020. 1 in every 3744 Cocoa. Brevard County Real Estate. Shorewood is an oceanfront complex in Cape Canaveral. They are also locals that are needing to either up-size or down-size their homes. Brevard County Real Estate Listings last updated 12/04/2020 3,747 Homes for Sale in Brevard County List; Map; Sort results by Sort by ... There’s information on the Brevard County, FL real estate market at the bottom of search results pages, if you’re looking for an overview of the area. Single family homes sales have been strong in Cocoa Beach and Cape Canaveral the last 2 years and the single family home inventory continues to drop. Parks & Recreation. Europe Real Estate Market Outlook 2020 ; Download Report Contact Us. County Government. This report is a one-page summary of our expectations for the Broward County Retail market looking forward from the end of 2019. Buying Brevard: Brevard County Residential Real Estate Market Report - March 2020. Live Surf Cam. Likewise, the condo-townhouse median sale price increased as well, rising by 3.3% up just over $200,000. Widget Management. Traditionally November, December & January are our slow months and the only thing I have seen slow so far is the number of properties coming on the market. ■ The Median Sales Price for Brevard Single Family homes is up +4.5% to $250,000 compared to a year ago, which was $239,208. Posted on December 5, 2020 by cocoabeachinsider. As of December, there are over 1,900 homes for sale in the Brevard County Multiple Listing Service (MLS). Florida Real Estate Market. October 2020. The median property tax in Brevard County, Florida is $1,618 per year for a home worth the median value of $186,900. View recently sold homes in Brevard County and see average sale price, price per square foot, and number of competing offers. BREVARD COUNTY OCEANFRONT CONDO FEATURED LISTINGS & SALES APRIL 2020 FEATURED ... What does that mean to the residential real estate market? Recap of the Brevard County Townhouses/Condos for May 2020 Recap of the Brevard County Townhouses/Condos for May 2020 ■ Closed Sales are down -43.8% for May 2020 … In August 2020 the housing market in Brevard County, FL is a seller’s market, which means there are roughly more buyers than there are active homes for sale. Short Sale. If you have had any thoughts about selling your home or condo in Cocoa Beach or anywhere on the Space Coast, this is a great time to speak with me or another real estate agent to see what the low inventory and high demand means for your home. New listings have been playing catch-up to the high demand of buyers in our area since the COVID pandemic began in the spring. Brevard County Residential Real Estate Market Report - March 2020 By Laura Forman Real Estate Agent with RE/MAX AEROSPACE REALTY www.LauraSellsBrevard.com SL3236966 Email Short … Stats for home sales in Cocoa Beach & Cape Canaveral: Home sales were scattered throughout the Cocoa Beach and Cape Canaveral area. - The Income Tax Rate for Brevard County is 0.0%. Housing Market Trends in Broward County, FL. Today’s Brevard County real estate market presents many challenges and selecting the right real estate professional is imperative. ■ Months Supply of Inventory is down -12.5% to 3.5 months in May 2020 from 4.0 months in May 2019. ■ Traditional Sales are down -43.8%, with a median sales price of $178,500. I get calls, texts, direct messages & comments on my posts every day about the real estate market and things that are happening in Cocoa Beach and the Space Coast that I love answering. Recap of the Brevard County Residential Report for May 2020. ■ Closed Sales are down -34.7% for May 2020 in which the number of units closed was 716 compared to 1,096 in May 2019, with a decrease in cash sales of -46.3% compared to May 2019. ■ New Pending Sales are up +17.8% and New Listings are up +1.6%. December 14, 2020 Space Coast Daily News – Brevard County’s Best Newspaper, Lamplighter Village Annual Holiday Golf Cart Parade to Benefit The Haven for Children Set Dec. 13, SOLD OUT! ■ Months Supply of Inventory is down -10% to 2.7 months, a decrease from 3.0 months in May 2019. ■ Traditional Sales are down -34.3%, with a median sales price of $251,500. For more information log on to BrevardRealtyConnection.com, TO SEE CONDO LISTINGS LOG ON TO CocoaBeachCondoGallery.com. Ste 103, Melbourne, FL, 32935 Office: (321) 631-5511 Mobile: (321) 917-2162. Fishing Guide. Building A Strong Real Estate Business - Interviewing Our Broker. I am always happy to answer these questions & I would love to hear from you. If you have questions about moving or relocating to Cocoa Beach and the Space Coast, let me know! REAL ESTATE MARKET REPORT: Median Sales Price for Brevard Single Family Homes Up 14 Percent to $259,571, Melbourne High School Chamber Orchestra to Perform During Statewide Music Education Conference, Fresh From Florida Recipe: Make a Tasty Dish of Florida Shrimp Tacos With Cabbage, Veterinarians Encourage You to Make New Year’s Resolution With Your Pets in Mind, ‘Balloon Glow’ Opens in Brevard Tonight at Space Coast Daily Park in Viera, HOT OFF THE PRESS! Land. The highest priced property sold for $2.1M in Rockledge Florida. See more real estate market trends for Brevard County. Signup for Space Coast Daily News Email Alerts! Casa Playa is an oceanfront condo in south Cocoa Beach. In this week's episode, Flavia Barrial sits down with Bailey Canales with Sunbelt Title Agency to discuss how you can avoid wire fraud. 1 in every 4997 Titusville. Add a new Widget Reorder Widgets. This puts our inventory at a 1.66 month supply and is the 6th month straight our real estate inventory has been under a 2 month supply. To put this in the proper perspective, this same time in 2005 there were only 1,500 available and they weren’t on the market for long! They are locals that are changing from being renters to homeowners. Currency Converter. Brevard County Real Estate. ( Log Out /  Call or text me at 321-795-1854 to start the conversation or visit this sight for some basic information on the value of your house or condo https://ericlarkin.remax.com/home-value-estimates. Real Estate Outlook. I am here to help. Members get daily listing updates. Condo inventory is up slightly at the end of November to 121 condos available for sale. Form is being submitted, please wait a bit. Active inventory remains at record lows and property sales are still ahead of sales for 2019. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. The other aerospace and government contract companies (L3Harris, Northrop Grumman, Lockheed Martin, Boeing, Embraer, etc) are also bringing jobs and employees to Brevard County. Home sales in Cocoa Beach and Cape Canaveral were 12 for the month of November 2020 compared to 5 that happened November 2019. Set Up Utilities . November 30, 2020 Space Coast Daily News – Brevard County’s Best Newspaper, HOT OFF THE PRESS! I get questions everyday from people moving into the area, moving out of the area, or just want to work on a plan for the future. We ended the month of November with 1972 … About. How to Avoid Title Fraud. How’s the market? The US average is 7.3%. Brevard Real Estate Magazine. Housing Market Update November 2020 Brevard County and Cocoa Beach Florida. ■ Median Sales Price for Townhomes/Condos is down -10.2% to $168,000 compared to a year ago, which was $187,000. Slide the map to view. Until our inventory can build again and there is a high demand for real estate, our real estate market in Cocoa Beach, Cape Canaveral and all of Brevard County will remain as active as it has been the last 6 months. 2020 could be a pivotal year for the U.S. commercial real estate industry, with geopolitical, economic and local regulatory issues in keen focus. November 16, 2020 Space Coast Daily News – Brevard County’s Best Newspaper, WATCH: Premier 55-and-Over Lamplighter Village in Melbourne Features Beautiful, Spacious Homes. We ended the month of November with 1972 properties for sale and barely beat last year’s closings for the month with 1197 sales in 2020. A 1st floor condo with 1702 SqFt sold for $350K and two 4th floor condos sold for $587500. Don Norris brings you the Brevard County Real Estate - July Market Update live from Satellite Beach, Florida Delete. This included SpaceX, Blue Origin, and NASA. 2020 may still be a couple of months away, but every real estate investor knows the importance of following market trends. We are seeing people move into the area in support of the space program and all the positive things happening at the Space Center. Despite transformational changes to our business, CBRE’s 2020 U.S. Outlook predicts a very good year for commercial real estate… At the same time, the region’s multi family and condo market is being driven by retirees. BREVARD COUNTY, FLORIDA – The median sales price for Brevard single-family homes is up 4.5% to $250,000 compared to a year ago, which was $239,208. Malabar, … The US average is 4.6%. Recap of the Brevard County Townhouses/Condos for May 2020. ■ Closed Sales are down -43.8% for May 2020 in which the number of units closed was 167 compared to 297 in May 2019, with a decrease in cash sales of -46.0% compared to May 2019. ■ New Pending Sales are down -1.1% and New Listings are down -8.8%. According to the National Bureau of . Stats for the Condo market in Cocoa Beach & Cape Canaveral: Casa Playa and Shorewood tied with the most sales this month with 3 each. These buyers are either given the OK to work remotely and are looking for our tropical climate, or they are using the pandemic as a reason to reset and find a better place to live. I have been helping people here in Brevard County buy and sell homes since 2003. Change ). This is in significant contrast to what we saw in April when new pending sales were down by 35 percent. The return of the Florida housing market will spark the economy, something it will need to delete the lingering effects of the pandemic.. ■ Foreclosure/REO Sales are down -40.7%, with 16 sales and a median sales price of $170,500. This was a cash transaction & the home was on the market for 1 day! Broward County continues in a seller's market (inventory below 6 months of supply) with months of supply trending downward, a sign of the high demand for Broward real estate. The single-family median sale price was up by 1-and-a-half percent versus last year, rising to $270,000. Here is what happened in our housing market for the Space Coast in November 2020. The lowest price home on the market today is a 3 bedroom home on Harrison Ave in Cape Canaveral for $339K to the highest price home for $1.399M for a direct river home in Snug Harbor in South Cocoa Beach. Brevard County collects, on average, 0.87% of a property's assessed fair market value as property tax. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%. Tour Port Canaveral. Market conditions here in beautiful Brevard County are as beautiful as the weather we are blessed with year round. There were 4 homes sales in the communities just north of 520 on either side of Banana River Drive. Laura Forman RE/MAX AEROSPACE REALTY www.LauraSellsBrevard.com Address 4250 N. Wickham Rd. What is a recession? Among McCoy-Freeman Group’s achievements are Certified Luxury Home Marketing Specialist (CLHMS), Certified Distressed Property Experts (CDPE), Accredited Buyer’s Representative (ABR) and voted Best Realtor in Brevard County. 1 in every 4769 Palm Bay. Brevard County Real Estate Forecast 2020. There are 7,855 homes for sale in Brevard County with a median price of $269,091, which is an increase of 10.0% since last year. Job Finder. Thank you for taking the time to read this housing market update for November 2020. A quick recap of the Brevard County Residential Report for June 2020: Closed Sales are up +13.6% for June 2020 in which the number of units closed was 1,050 compared to 924 in June 2019, with a decrease in cash sales of -1.7% compared to June 2019.; New Pending Sales are up +30.6% and New Listings are down -2.8%. Change ), You are commenting using your Twitter account. © 2020 Maverick Multimedia, Inc. All Rights Reserved  |, WATCH: ‘Balloon Glow’ Opens in Brevard, Big Hit at Space Coast Daily Park in Viera, Eastern Florida State Tennis Coach Bobby Cashman Named Florida Division College Coach of Year, Palm Bay Police Department Receives 1,500 Toys Donated by Bayside Dollar Tree, U.S. Space Force Makes History After First Seven Enlistees Officially Graduate from Basic Training, WATCH: NASA’s Juno Spacecraft Update About Jupiter’s Polar Cyclones Revealed. Change ), You are commenting using your Facebook account. 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