Wednesday, January 2, 2019

Kingsmill Subdivision 2018 MLS Sales Data

Kingsmill Subdivision, 
Melbourne, Florida Sales - MLS Data Only

Jan. 1, 2018 - Dec. 31, 2018
Data compiled by JoAnn Young 

There were 25 homes sold in the MLS & 1 non-MLS sale that I aware of from 1/1/2018- 12/31/2018

Pool Homes:                                                                    
Average Price  $273,653
Average Price per sq ft  $149.95
Average days on the market (DOM)  43

Non-Pool Homes:
Average Price  $240,977
Average Price per sq ft $136.55
Average days on the market (DOM) 28

Sales:
2623 Nobility Ave        1809 sq ft,     4/2,  Pool    $265,000
2403 Empire Ave        1690 sq ft,     3/2,  Pool    $245,000
2742 Kingsmill Ave     1877 sq ft,     3/2,    ----      $237,000
2781 Majestic Ave      1881  sq ft     3/2,    ----      $245,000
2697 Empire Ave        1640 sq ft      3/2,    ----      $222,000
2419 Kingdom Ave     1886 sq ft      4/2,   Pool     $256,000
2739 Empire Ave        1824 sq ft      3/2,   Pool     $277,500
2434 Kingsmill Ave     1554 sq ft      3/2,    ----      $226,700
2794 Kingdom Ave     1604 sq ft      3/2,    ----      $254,000
2417 Empire Ave        1663 sq ft      3/2,    ----      $245,000
2476 Kingsmill Ave     1825 sq ft      3/2.    ----      $209,000
2753 Empire Ave        1605 sq ft      3/2,   Pool     $260,000
2727 Kingdom Ave     1845 sq ft      3/2,   Pool     $278,000
2671 Kingdom Ave     1711 Sq ft     3/2,    ----       $245,000
2626 Nobility Ave        2034 sq ft     3/2,    ----       $255,000
2613 Majestic Ave       1484 sq ft    3/2,     ----      $235,000
2807 Kingsmill Ave      1961 sq ft    3/2,    Pool    $285,000
3401 Monarch St          2144 sq ft    3/2,    ----       $283,000
2638 Empire Ave         1854 sq ft     ?/?    Pool     $305,000  - Non MLS sale 4/23/2018 - $164 sq ft
Since the last report published (7/31/2018) the following have also sold:
2497 Nobility Ave        1947 sq ft    3/2,     Pool     $263,000
3561 Monarch St        1568 sq ft     3/2,     Pool     $246,500
2710 Nobility Ave       1496 sq ft     3/2,      ----       $235,000
2725 Empire Ave        1903 sq ft     4/2,     Pool     $281,500
2599 Empire Ave        1925 sq ft     4/2,     Pool     $263,000
2613 Empire Ave        2031 sq ft     3/2,      ----      $235,000
2668 Nobility Ave        1807 sq ft     4/2,      ----     $260,000

Additional Information:
Currently there are 2 properties under contract and only 1 active listing (203 DOM).  There have been no closed sales since 10/29/2018.  3 properties have expired in the MLS in the last month - meaning they were listed for 6 months and did not sell.  I use Kingsmill as a benchmark for the rest of the real estate market.  Sales have slowed and our market has shifted.
2018 was an excellent year for home sellers in Kingsmill!
This is free information for Kingsmill residents to inform neighbors of our values in the neighborhood.  Your questions & comments are always welcome:  email: JoAnn@MyFLDreamHome.com
You can also follow me on Facebook at MyFloridaDreamHome

Have a fantastic New Year Kingsmill Neighbors!  Love living in Kingsmill!
JoAnn Young
Young & Young Properties
321-243-4917

Monday, November 5, 2018

Brevard County, FL Housing & MLS Statistics September 2018

MLS Statistics - September 2018



Information obtained by the Space Coast Association of Realtors.
The year-over-year percent changes reported for some of your markets (e.g. Closed Sales, New Listings, etc.) may be severely skewed in this month's reports, as most markets were heavily impacted by Hurricane Irma last September.

A quick recap of the Brevard County Residential Report for September 2018:
  • Closed Sales are up 8.1% for September 2018 in which the number of units closed was 749 compared to 693 in September 2017, with an increase in cash sales of 15.7% compared to September 2017.
  • New Pending Sales are up 47.8% and New Listings are up 49.4%.
  • The Median Sales Price for Brevard Single Family homes is up 9.3% to $235,000 compared to a year ago, which was $215,000.
  • Months Supply of Inventory is up 14.3% to 3.2 months, an increase from 2.8 months in 2017.
  • Traditional Sales are up 9%, with a median sales price of $238,750.
  • Foreclosure/REO Sales are down -10.5%, with a median sales price of $145,600.
  • Short Sale Closings are down -40%, with a median sales price of $112,500. 
A quick recap of the Brevard County Townhouses/Condos for September 2018:
  • Closed Sales are up 12.9% for September 2018 in which the number of units closed was 184 compared to 163 in September 2017, with an increase in cash sales of 23.7% compared to September 2017.
  • New Pending Sales are up 47.1% and New Listings are up 63.3%.
  • Median Sales Price for Townhomes/Condos is up 3.7% to $169,000 compared to a year ago, which was $163,000.
  • Months Supply of Inventory increased to 3.5 months in September 2018 from 3.4 months in September 2017.
  • Traditional Sales are up 13.9%, with a median sales price of $171,500.
  • Foreclosure/REO Sales saw no change with a median sales price of $85,950. 
  • Short Sale Closings are down -100% with no sales in September 2018 and one sale in September 2017.

Thursday, November 1, 2018

Brevard County, Florida MLS Statistics for the 3rd Quarter of 2018


MLS statistics for the 3rd quarter of 2018
Information obtined from the Space Coast Association  of Realtors

Sales are still up from  last year.  Inventory is also higher which means there are more homes from which to choose.
Historic Real Estate Trivia:  In 2012, Brevard county was the highest in foreclosure rate in the nation. In 2013, the metro area was rated "best" in the country for buying.

A quick recap of the Brevard County Residential Report for Q3 2018:
  • Closed Sales are up 5.9% for Q3 2018 in which the number of units closed was 2,676 compared to 2,528 in Q3 2017, with an increase in cash sales of 5.9% compared to Q3 2017.
  • New Pending Sales are up 3.7% and New Listings are up 11.7%.
  • The Median Sales Price for Brevard Single Family homes is up 4.9% to $230,762 compared to a year ago, which was $220,000.
  • Months Supply of Inventory is up 14.3% to 3.2 months, an increase from 2.8 months in 2017.
  • Traditional Sales are up 7.5%, with a median sales price of $235,000.
  • Foreclosure/REO Sales are down -30.6%, with a median sales price of $135,000.
  • Short Sale Closings are down -44.4%, with a median sales price of $136,250. 
A quick recap of the Brevard County Townhouses/Condos for Q3 2018:
  • Closed Sales are up 14.4% for Q3 2018 in which the number of units closed was 716 compared to 626 in Q3 2017, with an increase in cash sales of 12.9% compared to Q3 2017.
  • New Pending Sales are up 10% and New Listings are up 15%.
  • Median Sales Price for Townhomes/Condos is up 9.3% to $174,950 compared to a year ago, which was $160,000.
  • Months Supply of Inventory increased to 3.5 months in Q3 2018 from 3.4 months in Q3 2017.
  • Traditional Sales are up 16.6%, with a median sales price of $176,500.
  • Foreclosure/REO Sales were down -40% with a median sales price of $108,500. 
  • Short Sale Closings are down -66.7% with a median sales price of $180,000.

Sunday, September 30, 2018

A few simple rules for saving from Dave Ramsey

Dave Ramsey featured  I felt this was worth reblogging for the purpose of saving for that down payment for a first home or trying to pay your mortgage off early.
7 Impulse Buys to Avoid