Luxury and Oceanfront Condo Living | 2024 1st Quarter

Luxury and Oceanfront Condo Living | 2024 1st Quarter

  • DeWayne Carpenter
  • 04/11/24

In the first quarter, we observed a shift in the real estate landscape. Despite an increase in inventory, sales have dipped by 9.6% compared to last year. Rising mortgage rates and pricing sensitivity have influenced buyer behavior, particularly in Melbourne, where 49% of homes have experienced price reductions. Accurate pricing and market awareness are crucial for sellers, especially considering rising insurance costs. Our team offers expertise in navigating these dynamics, with a focus on providing exposure to attract buyers. In the oceanfront condo market, prices have softened due to various factors.

To explore detailed insights and exclusive listings, check out our digital flipbook, featuring high-end luxury and oceanfront condo sales in Brevard County. With over two decades of experience, we specialize in handling Space Coast oceanfront properties, offering a comprehensive view of the market.

For an in depth market report for your specific zip code, email us at [email protected] with the subject “Market Report” and provide us your zip code.

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