Luke Grogan • May 23, 2024

Brevard Single-Family Home Values On the Rise

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The Brevard Single-family home values are on the rise, with the median sales price for single-family homes increasing by 22.9% to $350,000 in March. Parallel to this growth, there has been a decrease in closed sales compared to last year. This suggests that the market is becoming more competitive, as buyers compete for a limited number of available properties. If you’re looking to sell your single-family home in Brevard County, now might be the perfect time.

Why have home values been increasing? ~ Brevard Single-Family Home Values

There are a number of factors driving this trend. One key factor is rising mortgage interest rates, which make homes more expensive to buy. At the same time, there’s been a persistent shortage of housing supply–due to a combination of factors such as population growth and urbanization–which further drives up home prices. This might be unwelcome news for some buyers, but it’s good news if you’re thinking of selling your home. With prices on the rise, your home may be worth more now than it was before. So why not consider putting your home on the market? 

Whether you’re an existing homeowner or a potential buyer, understanding the dynamics behind rising home values can help you make smart financial decisions about your property and investments.

Ready to sell? ~ Brevard Single-Family Home Values

If the hot market has you ready to sell your home, you have a few different options. You could go the traditional route and sell with a realtor, but this can be a long and tedious process. In many situations, selling your house to an investor may be a better option. 

3 Reasons to Sell to an Investor ~ Brevard Single-Family Home Values

1. Selling to an investor saves you time and hassle.

If you’re looking for a quick resolution to a difficult situation – whether it’s divorce, job relocation, or your house needs a lot of work – working with an investor can be a much smoother process than going through the process of listing your home and dealing with open houses and showings.

2. An as-is sale can be very appealing.

If you’re not in a position to make any repairs or upgrades to your home before selling, working with an investor may be your best bet. With an as-is sale, you don’t have to worry about making any repairs or improvements – the investor will take care of that.

3. You’ll receive an all-cash offer.

One of the biggest advantages of selling to an investor is that you’ll receive a cash offer for your home – which means you don’t have to worry about financing or waiting for funds to come through. This can be especially helpful if you’re dealing with a time-sensitive situation.

Selling your home to an investor may not be right for everyone, but it’s the right choice if you’re looking to sell quickly and receive a fair price for your property. If you have any questions or would like to learn more about selling your home, contact us today to get the process started, and get a free cash offer on your home.

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