Current Florida real estate market trends by Brian Rice.
August-2024 Home Sales Trends in Micco, Florida Covering the Micco Landscape As a real estate broker, it is important to understand the correlation between key metrics in the housing market to make informed decisions. First, let’s look at the Months Supply of Inventory, which currently stands at 5.4. This metric indicates the number of months […]
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Brevard County, Market Trends, MiccoAugust-2024 Home Sales Trends in West Melbourne, Florida Covering the West Melbourne Neighborhood The real estate market currently has a Months Supply of Inventory of 4.17, indicating a healthy balance between supply and demand. However, there has been a significant increase in the 12-Month Change in Months of Inventory at +107.46%, suggesting a potential shift
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Brevard County, Market Trends, West MelbourneAugust-2024 Home Sales Trends in Melbourne Beach, Florida Covering the Melbourne Beach Neighborhood As a real estate professional, it is important to understand the correlation between key metrics in the market to make informed decisions when buying or selling a property. First, let’s look at the Months Supply of Inventory, which is currently at 8.
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Brevard County, Market TrendsAugust-2024 Home Sales Trends in Rockledge, Florida Covering the Rockledge World The real estate market is currently experiencing a low inventory situation with a months supply of inventory at 2.81. This means that based on the current rate of home sales, it would take approximately 2.81 months to sell all the available homes on the
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Brevard County, Market Trends, RockledgeAugust-2024 Home Sales Trends in Cocoa Beach, Florida Covering the Cocoa Beach Cosmos When analyzing the real estate market metrics provided, it is clear that there is a strong correlation between them that can provide valuable insights for both buyers and sellers. The Months Supply of Inventory being 4.22 indicates that there is a balanced
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Brevard County, Cocoa Beach, Market Trends, Merritt IslandAugust-2024 Home Sales Trends in Merritt Island, Florida Covering the Merritt Island Landscape As a potential buyer or seller in today’s real estate market, it’s important to understand the correlation between key metrics to make informed decisions. First, let’s look at the Months Supply of Inventory, which currently stands at 3.48. This metric indicates the
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Brevard County, Market Trends, Merritt Island