Information derived from the Space Coast Association of Realtors
A quick recap of the Brevard County Residential Report for
November 2017:
- Closed Sales are
up 5.2% for November
2017 in which the number of units closed was 752 compared to 715 in
November 2016, with a decrease in cash sales of -1.6% compared to
November 2016.
- New Pending
Sales are up 14.2% and
New Listings are up 1.6%.
- The Median Sales
Price for Brevard Single Family homes is up 15.3% to $218,000 compared to a year ago, which was
$189,000.
- Months Supply of
Inventory is up 12% to 2.8
months, an increase from 2.5 months in 2016.
- Traditional
Sales are up 9.1%, with
a median sales price of $220,000.
- Foreclosure/REO
Sales are down -38.8%, with
a median sales price of $141,250.
- Short Sale
Closings are down -50%, with
a median sales price of $161,863.
A quick recap of the Brevard County Townhouses/Condos for
November 2017:
- Closed Sales are
down -3.9% for
November 2017 in which the number of units closed
was 195 compared to 203 in November 2016, witha decrease in cash sales of -8.4% compared to November 2016. - New Pending Sales
are up 2.3% and New
Listings are down -4.5%.
- Median Sales
Price for Townhomes/Condos is up 12.7% to $160,000 compared to a year ago, which
was $142,000.
- Months Supply of
Inventory is down -5.6% to
3.4 months in November 2017 from 3.6 in November 2016.
- Traditional
Sales are down -5.2%, with
a median sales price of $166,000.
- Foreclosure/REO
Sales increased 12.5% with
a median sales price of $97,000.
- Short Sale
Closings are up 100%, and
had a median sales price of $136,500 in November 2017.
