Brevard County Real Estate For Sale

When you are looking for Brevard county real estate for sale, you may have a number of questions on your mind. What is the market like in this area? What is the broker-reciprocity program? These are important questions you should ask yourself before you put your money down on a Brevard property. Below is a summary of some of the most common questions related to real estate in Brevard county.

Thank you for reading this post, don't forget to subscribe!

Brevard county real estate market

The Brevard county real estate market continues to show steady growth, although there are several factors that may make it even more favorable for sellers. Increasing population will increase demand for homes, and sellers should be prepared to receive 97% to 100% of their asking price. One factor that may dampen the real estate market is the moratorium on short sales. New homes are likely to be free of the potentially hazardous Chinese drywall. In addition, the supply of homes is decreasing.

Space Coast Business Realty Center (SCBRC)

The Space Coast is 72 miles of eastern Florida, home to America’s space program. The Kennedy Space Center and Cape Canaveral Air Force Station are just two of the stations here. Almost seventy percent of the land here is already being used for some type of business. This area of Florida offers a variety of opportunities, including Brevard County real estate for sale.

Broker Reciprocity(tm) program

If you are a licensed real estate agent and are looking to sell a home in Brevard county, Florida, you may qualify for a Broker Reciprocity(TM) license. This program honors real estate licenses from other states. In most cases, this will allow you to work in the state for the first two years after passing the license exam. This will save you a significant amount of money, as you will not need to take any licensing exams twice. Moreover, this program helps you find the right Brevard real estate agent who can sell your property.

The average price of a home in Brevard county

The median sales price of a home in Brevard County, Florida, is $247,800, which is about 15% higher than the same time last year. However, the housing market is far from perfect. With a median time on market of nine days, sales were down by nearly half from a year ago. The lack of inventory and low interest rates have caused a buying frenzy, which has kept home prices up despite the rising mortgage rates.

The average price of commercial property in Brevard county

Brevard County, FL has over 4,600 properties for sale, and the median list price is $329,185. There were 328 sales last month that were above the listing price, while 269 properties sold for below the listing price. There are now 4,631 homes for sale in Brevard County, FL. In July 2022, over 320 properties were sold over the list price, while 267 were listed below the asking price.