Mims, FL

FAWN LAKE - MARKET REPORT - Nov 3, 2008

0 Property is under contract:

There have been 9 closings in Fawn Lake in 2008:

5400 Canvasback Dr. - Closed 1/31/08 - Listed $359,900 Closed $330,000 MLS #489980
5220 Amy Way - Closed 5/1/08 - Listed $439,900 Closed $405,000 MLS #503012
3209 Pheasant Trail - Closed 5/27/08 - Listed $329,900 Closed $310,000 MLS #478667
3095 Fawn Lake Blvd. - Closed 6/9/08 - Listed $304,900 Closed $275,000 (short sale)
3065 Green Turtle Cir. - Closed 7/18/2008 - Listed $299,900 Closed $275,000 MLS#511645
3210 Pheasant Trail - Closed 7/22/2008 - Listed $369,000 Closed $329,000 MLS #495530
2968 Stag Court - Closed 8/20/2008 - Listed $299,900 Closed $279,000 MLS #472921
5490 Bob White Trail - Closed 9/30/08 - Listed $499,900 Closed $480,000 MLS #505085
5366 Amy Way - Closed 10/24/08 - Listed $249,900 Closed $249,900 MLS #503470

Absorption Rate: There have been 8 closings in the past 6 months (5/1/08 - 11/1/08)
making the time to absorb the current inventory in Fawn Lake 8.27 months. This is almost
cut in half from the last report. Stay in front of the curve, this market has already changed

Call me today if Fawn Lake is going to be your next move - don't wait, numbers don't lie.

FAWN LAKE - Mims, Brevard County FL - Market Report Sept 18, 2008 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report July 2008 (MLS area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report May 2008 (MLS AREA 101)
FAWN LAKE - Mims, Brevard County FL - Market Report Feb 2008 (MLS area 101)

I can help you find your Home Sweet Home in Florida ~ TODAY!

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com
http://activerain.com/blogs/homesweethomeflorida

MLS Area 101 - County Line Road to SR 46 - Mims/Scottsmoor - Nov 3, 2008

98 active listings priced from $46,500 to $2,500,000
*6 short sales
4 REO's

7 properties are under contract ranging in price from $54,900 to $249,900.
*0 short sales are under contract
1 REO is under contract

50 houses have closed since January 1, 2008
34 houses have closed in the past 6 months (used for Absorption Rate)
*3 short sales closed in past 6 months
5 REO's have closed in past 6 months

The Absorption Rate Formula would indicate the market taking 17.28 months
to absorb the current inventory of homes in MLS Area 101. This is a very big
improvement over the last report. If the property is priced for today's market,
it's a great time to buy in MIMS, FL.

Previous Reports for MLS Area 101:
Real Estate Market Report/Absorption Rates - MIMS/SCOTTSMOOR, FL (MLS Area 101) - Sept 20, 2008

Here's a link to the separate Fawn Lake reports:
FAWN LAKE - Mims, Brevard County FL - Market Report Sept 18, 2008 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report July 2008 (MLS area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report May 2008 (MLS AREA 101)
FAWN LAKE - Mims, Brevard County FL - Market Report Feb 2008 (MLS area 101)

I can help you find your Home Sweet Home in Florida ~ TODAY!

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com
http://activerain.com/blogs/homesweethomeflorida

MLS Area 101 - County Line Road to SR 46 - Mims/Scottsmoor - Sept. 20, 2008

113 active listings priced from $49,500 to $2,500,000
*6 short sales

16 properties are under contract ranging in price from $32,500 to $499,900.
*0 short sales are under contract

34 houses have closed since January 1, 2008
23 houses have closed in the past 6 months (used for Absorption Rate)
*2 short sales closed in past 6 months ($61,900 and $93,000)

The Absorption Rate Formula would indicate the market taking 29.5 months
to absorb the current inventory of homes in MLS Area 101. This is roughly
double the time it will take homes in Fawn Lake to sell. If the property is priced
for today's market, it's a great time to buy in MIMS, FL.

Here's a link to the separate Fawn Lake reports:
FAWN LAKE - Mims, Brevard County FL - Market Report Sept 18, 2008 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report July 2008 (MLS area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report May 2008 (MLS AREA 101)
FAWN LAKE - Mims, Brevard County FL - Market Report Feb 2008 (MLS area 101)

I can help you find your Home Sweet Home in Florida ~ TODAY!

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com
http://activerain.com/blogs/homesweethomeflorida

FAWN LAKE - MARKET REPORT - Sept 18, 2008

There are 15 active listings:

$249,900 - $299,900 - 3 listings
$308,000 - $369,000 - 4 listings
$419,900 - $437,700 - 5 listings
$599,700 1 listing
$799,000 1 listing
$2,500,000 1 listing

1 Property is under contract:

5490 Bob White Trail - Listed $499,900 MLS #505085


There have been 7 closings in Fawn Lake in 2008:

5400 Canvasback Dr. closed 1/31/08 - Listed $359,900 Closed $330,000 MLS #489980
5220 Amy Way closed 5/1/08 - Listed $439,900 Closed $405,000 MLS #503012
3209 Pheasant Trail closed 5/27/08 - Listed $329,900 Closed $310,000 MLS #478667
3095 Fawn Lake Blvd. closed 6/9/08 - Listed $304,900 Closed $275,000 (short sale)
3065 Green Turtle Cir. closed 7/18/2008 - Listed $299,900 Closed $275,000 MLS#511645
3210 Pheasant Trail closed 7/22/2008 - Listed $369,000 Closed $329,000 MLS #495530
2968 Stag Court closed 8/20/2008 - Listed $299,900 Closed $279,000 MLS #472921

For absorption rate purposes there have been 6 closings in the past 6 months
making the time to absorb the current inventory in Fawn Lake 15 months.

FAWN LAKE - Mims, Brevard County FL - Market Report July 2008 (MLS area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report May 2008 (MLS AREA 101)
FAWN LAKE - Mims, Brevard County FL - Market Report Feb 2008 (MLS area 101)

I can help you find your Home Sweet Home in Florida ~ TODAY!

Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com
http://activerain.com/blogs/homesweethomeflorida

If you see this on your property

It means this is living there!!!

THIS is a Gopher Tortoise and in Florida it is a

protected, endangered species. A friend of mine found out just how serious
Florida takes it's job in protecting this turtle. I won't mention the vendetta
taking place, but when a clean-up of the area was attempted by the owner
it took less than 5 minutes for the Florida Fish and Wildlife people to arrive
on the scene. My friend, a veteran of 2 tours in Iraq and currently going
through the police academy was stunned at the uncompromising position
taken by the FWC. A consultation with an attorney lessened the fear of
being denied a new, post-war career, but it's a lesson other's may learn
from. I guess what gripes me is that builders come in and bulldoze an entire
subdivision without penalty, while someone who has stood by our county in
time of war is being intimidated by the prospect of losing a livelihood.

Not only that, but his father had just passed away and he was using the cleanup
as therapy. Sometimes life is not fair, but sometimes I just wish it wasn't fair
to someone who deserves "not-fair". Thanks for listening and if you know
anyone who has this species on their property, do not disburb - call in the proper
authorities to relocate - much better that way!

Should you be interested, here's some good information I found on the turtle -
it's actually a pretty endearing species :-)

http://floridaconservation.org/viewing/species/gtortoise.htm

Gail MacMillan Broker-Owner
Home Sweet Home Florida Realty, Inc.
At Home With Diversity (AHWD)
Certified Residential Specialist (CRS)
e-PRO Internet Certified (e-PRO)
Graduate Realtor Institute (GRI)
Relocation Specialist
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com great website - check it out - pass it on
http://activerain.com/blogs/homesweethomeflorida - my blog