“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Gail MacMillan - CRS, e-PRO, GRI ~ Titusville FL Real Estate Brevard County

Titusville FL Real Estate Market Report - MLS Area 102 - 6/9/09

MLS Area 102 - State Road 46 to Garden St. - Titusville FL - June 9, 2009

Titusville FL Market Report
160 active listings
priced from $22,900 to $599,000
*33 short sales
18 REO's

48 properties are under contract ranging in price from $23,760 to $210,000.
*12 short sales are under contract
12 REO's are under contract

78 closings so far in 2009
*8 short sale closings
40 REO's closed

140 residences closed in 2008
*4 short sales closed in 2008
37 REO's closed in 2008


From this study you can see that most of the short sales are going into foreclosure.
At that point the bank-owned properties are making it to closing.


If you're thinking of listing and want Absorption Rate information, please call or e-mail
and I will be happy to provide the most current numbers.

Links to previous reports:
Titusville FL Real Estate Market Report - MLS Area 102 - 4/7/09
Titusville FL Real Estate Market Report - MLS Area 102 - 2/6/09
Real Estate Market Report & Absorption Rates - Titusville FL (MLS Area 102) - Nov 4, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 102) - Sept 20, 2008
Real Estate Market Report/Absorption Rates - Titusville FL (MLS Area 102) - July 28, 2008

I can help you find your Home Sweet Home in Florida ~ CALL 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)
Relocation Specialist
Titusville, Florida
Cell: 321.544.6808

HSH Logo - Real Estate Titusville FL

www.HomeSweetHomeFlorida.com
www.Titusville-FL-Real-Estate.com

Speechless Sunday ~ Paradise in Titusville FL

Copyright photos by Gail MacMillan, all rights reserved and may not be reproduced without the written
permission of Gail MacMillan, Home Sweet Home Florida Realty Inc, Titusville FL. Permission granted
with a link back to my website and/or blog providing site is appropriate for all ages. Thank you for
respecting my creative expression and not plagiarizing
.



www.HomeSweetHomeFlorida.com
www.Titusville-FL-Real-Estate.com

Social Butterfly on Friday's Fotos

Copyright photos by Gail MacMillan, all rights reserved and may not be reproduced without the written
permission of Gail MacMillan, Home Sweet Home Florida Realty Inc, Titusville FL. Permission granted
with a link back to my website and/or blog providing site is appropriate for all ages. Thank you for
respecting my creative expression and not plagiarizing
.


Photo taken at Merritt Island National Wildlife Refuge in Titusville FL. This refuge is the gateway to OLD FLORIDA where time remains "virtually unchanged". Man's interference is minimal! Established in 1963, it encompasses 140,000 acres and is habitat to 1500 species of plants and animals. If you're in my area I would love to show you some of Florida's natural beauty.



www.HomeSweetHomeFlorida.com
www.Titusville-FL-Real-Estate.com

How long will it take REAL ESTATE IN TITUSVILLE FL to sell - 6/4/09

Market Report Titusville FL 6/4/09 - With Absorption Rate

This is a short report which covers all of Titusville - MLS areas 102, 103 and 104 starting near
HWY 46 to Kings HWY on the south end.

I do specific reports on each of the MLS areas separately as the dynamics are different for each MLS area.

There are currently 677 active listings in Titusville
There are currently 145 properties under contract
There have been 260 closings in the past 6 months

Yes, there are fewer listings than the last report and more properties are under contract. Number of closings in the past 6 months has also improved.

ABSORPTION RATE

Simply stated it will take 15.62 months to absorb the inventory of properties for sale at the current levels. This is a vast improvement over the past 2-3 reports. We're not out of the woods but definitely moving in a good direction. This is excellent news.


The formula is simple: # of sales in 6 months divided by 6 = absorption rate.
# of listings divided by absorption rate = number of months to absorb.

There are 6909 single family residences currently listed in Brevard MLS compared to 9,049 in November's report. The inventory is finally decreasing and that's the best news we could have :-)

4,821 single family houses
1,655 condos
433 townhouses

Here are links to previous Market Reports for Titusville:
How long will it take REAL ESTATE IN TITUSVILLE FL to sell - 4/6/09
How Long Will It Take REAL ESTATE IN TITUSVILLE FL To Sell - 11/6/08
How long will it take REAL ESTATE IN TITUSVILLE FL to sell - 9/6/08
How long will it take REAL ESTATE IN TITUSVILLE FL to sell - 7/29/08



I can help you find your Home Sweet Home in Florida ~ CALL 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)
Relocation Specialist
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com
www.Titusville-FL-Real-Estate.com

MIMS FL Real Estate Market Report - MLS Area 101 - 6/4/09

MLS Area 101 - County Line Road to SR 46 - Mims/Scottsmoor - June 4, 2009

Mims Fl Market Report

85 active listings priced from $24,900 - $2,500,000
*13 short sales
2 REO's (Bank Owned)

12 properties are under contract from $29,900 - $348,800
*5 short sales are under contract
2 REO's under contract

24 houses have closed in 2009
*2 short sales closed in 2009
9 REO's have closed in 2009

60 houses closed in 2008
*3 short sales closed in 2008
9 REO's closed in 2008

If you're thinking of listing and want Absorption Rate information, please call or e-mail
and I will be happy to provide the most current numbers.


Previous Reports for MLS Area 101:
MIMS FL Real Estate Market Report - MLS Area 101 - 4/6/09
MIMS FL Real Estate Market Report - MLS Area 101 - 2/5/09
Real Estate Market Report & Absorption Rates - MIMS, FL (MLS Area 101) - Nov 3,2008
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 6/3/09 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report 4/6/09 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report 1/29/09 (MLS Area 101)
FAWN LAKE - Mims, Brevard County FL - Market Report Nov 3, 2008 (MLS Area 101)
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 ~ CALL 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)
Relocation Specialist
Titusville, Florida
Cell: 321.544.6808

www.HomeSweetHomeFlorida.com
www.Titusville-FL-Real-Estate.com