Friday, February 23, 2024

VACANT LAND! - 2.53 acres 242 Cavalier St. Palm Bay, FL 32909

VACANT LAND    2.53 ACRES!

 242 Cavalier St. Palm Bay, FL 32909

$155,000


What a great homesite! Easy Access to I-95 / St. Johns Heritage Parkwayexit #166 is available for a faster commute just 2 miles north of the subdivision. Environmental study completed 4/2022. NO wetlands or gopher tortoises & NO flood zone. Deer Run is an Equestrian Community where peace and tranquility abound. With its minimum of 2.5 acres per lot, it will always have that country feel. 1 horse per acre allowance though you don't not need to own a horse to live here. You will enjoy watching the abundant wildlife in this neighborhood.  The community has miles of riding trails, and a brand new reconstructed riding arena and round pen for your horses. The Community amenities include a Clubhouse, Tennis/Pickelball/Basketball court and more. Beautiful Mature Oaks, Pines & Palms on this lot could be preserved upon clearing. FEMA flood maps show flood zone X which means less fill dirt for your build!  Friendly HOA  with a fee of $230 per year.

A new shopping center is under construction at the St. John's Heritage/Babcock St. intersection where Publix will be the anchor store and 7 other retail stores will operate.  To be completed in 2024.







Call JoAnn Young for more information  321-243-4917 or email at JoAnn@MyFLDreamHome.com




MLS Statistics for January 2024

MLS Statistics for January 2024

Data provided by the Space Coast Association of Realtors 


A quick recap of the Brevard County Residential Report for January 2024:


  • Closed Sales are down -6.4% for January 2024 in which the number of units closed was 581 compared to 621 in January 2023, with a decrease in cash sales of -3.0%.
  • New Pending Sales are down -5.7% and New Listings are up 14.8%.
  • The Median Sales Price for Brevard Single Family homes is up 6.0% to $371,583 compared to a year ago, which was $350,540.
  • Months' Supply of Inventory is up 47.8% to 3.4 months, an increase from 2.3 months in January 2023.
  • Traditional Sales are down -6.8% with a median sales price of $373,888.
  • Foreclosure/REO Sales are reported the same as January 2023 with 0% change and with 6 closed sales year over year. A median sales price was reported of $238,050.
  • Short Sale Closings N/A with 2 closed sales and a median sales price of $328,250


A quick recap of the Brevard County Townhouses/Condos for January 2024:


  • Closed Sales are down -10.8% for January 2024 in which the number of units closed was 132 compared to 148 in January 2023, with an decrease in cash sales of -25.5%.
  • New Pending Sales are down -18.3% and New Listings are up 20.4%.
  • The Median Sales Price for Brevard Townhouses/Condos is down -5.6% to $283,100 compared to a year ago, which was $300,000.
  • Months' Supply of Inventory is up 74.2% to 5.4 months, an increase from 3.1 months in January 2023.
  • Traditional Sales are down -10.8% with a median sales price of $283,100.
  • Foreclosure/REO Sales are N/A with 0 closed sales reported.
  • Short Sale Closings are N/A with 0 closed sales reported


JoAnn Young - Broker/Owner



Wednesday, January 24, 2024

Annual MLS Statistics for the Year 2023 Brevard County, FL

Information provided by Space Coast Association of Realtors & Florida Association of Realtors 

A quick recap of the Brevard County Residential Report for Annual 2023:


  • Closed Sales are down -6.2% for Annual 2023 in which the number of units closed was 10,396 compared to 11,083 in Annual 2022, with a decrease in cash sales of -8.9%.
  • New Pending Sales are -5.0% and New Listings are down -4.0%.
  • The Median Sales Price for Brevard Single Family homes is up 0.3% to $361,000 compared to a year ago, which was $360,000.
  • Months' Supply of Inventory is up 39.1% to 3.2 months, an increase from 2.3 months in Annual 2022.
  • Traditional Sales are down -6.3% with a median sales price of $362,000.
  • Foreclosure/REO Sales are up 24.4% with 51 closed sales and a median sales price of $227,800.
  • Short Sale Closings are down -53.8% with 6 closed sales and a median sales price of $455,000.


A quick recap of the Brevard County Townhouses/Condos for Annual 2023:


  • Closed Sales are down -9.8% for Annual 2023 in which the number of units closed was 2,587 compared to 2,867 in Annual 2022, with a decrease in cash sales of -6.3%.
  • New Pending Sales are down -5.9% and New Listings are up 6.8%.
  • The Median Sales Price for Brevard Townhouses/Condos is up 3.1% to $299,000 compared to a year ago, which was $289,900.
  • Months' Supply of Inventory is up 81.5% to 4.9 months, an increase from 2.7 months in Annual 2022.
  • Traditional Sales are down -9.9% with a median sales price of $299,700.
  • Foreclosure/REO Sales are up 28.6% with 9 closed sales and a median sales price of $145,000
  • Short Sale Closings are (no change) 0.0% with 1 closed sale and a median sales price of $375,000.

JoAnn Young
Real Estate Broker