Brevard County’s 2015 Home Sales: Growing Local Market

Image by Astro Aerial Photography

At the end of 2015, the Space Coast Association of Realtors reported the year’s trend in home prices and sales. Overall, the county saw more than a 25 percent increase in the area’s median home price from 2014. In comparison, the nationwide real estate market didn’t do so well, with sales falling 10.5 percent, and the rate of sales falling to the slowest point in over two years. For Brevard County, one of the biggest factors driving the local market has been the high demand for real estate and the simultaneously low inventory. In addition to the overall trends, the Space Coast has also seen notable turnover in high-end property sales, especially among Brevard’s beach side.

For more information about the 2015 report, read Florida Today’s article. To continue reading about the top local sales, click here. If you are planning to visit the Space Coast and are in need of accommodations, give us a call at (321)-784-5046 or e-mail us at [email protected]!