Tuesday, August 08, 2006

Dog Days of Summer

A brief update from early August. Activity continues to be brisk at our office, although, the overall market is very slow. Inventory in Cocoa Beach and Cape Canaveral is holding steady in the 1100 to 1200 range and sales have slowed to just 33 total closed units (condos and single-family) in July. All units in Portside Villas should be closed in a few more weeks.

MLS stats from Cocoa Beach and Cape Canaveral

Active condos for sale, all prices_________1002
___condos over $500,000______________218

Single family homes, all prices___________144

Closed condos in July 2006______________28
Closed single-family July_________________5

The fall mullet run should be starting shortly with vast schools of mullet swimming south along our ocean shore coinciding with the reopening of snook season on September 1st. If you enjoy fishing, this is a great time to get to the beach and enjoy some fun fishing as the snook, mackeral, tarpon and other large fish move in close for an easy meal.