Information provided by the Space Coast Association of Realtors
Housing stats for the last month of the year - See Median Sales Price increase for Single Family Homes from last year.
A quick recap of the Brevard County Residential Report for
December 2017:
- Closed Sales are
up 0.4% for December
2017 in which the number of units closed was 836 compared to 833 in
December 2016, with a decrease in cash sales of -15% compared to
December 2016.
- New Pending
Sales are up 3.8% and
New Listings are down -1.4%.
- The Median Sales
Price for Brevard Single Family homes is up 19.3% to $227,789 compared to a year ago, which was
$191,000.
- Months Supply of
Inventory is up 12.5% to
2.7 months, an increase from 2.4 months in 2016.
- Traditional
Sales are up 4%, with
a median sales price of $229,500.
- Foreclosure/REO
Sales are down -49%, with
a median sales price of $165,450.
- Short Sale
Closings are down -37.5%, with
a median sales price of $119,000.
A quick recap of the Brevard County Townhouses/Condos for
November 2017:
- Closed Sales are
down -3.6% for
December 2017 in which the number of units closed
was 215 compared to 223 in December 2016, witha decrease in cash sales of -20.3% compared to December 2016. - New Pending
Sales are down -9.9% and
New Listings are down -0.5%.
- Median Sales
Price for Townhomes/Condos is up 20.7% to $175,000 compared to a year ago, which
was $145,000.
- Months Supply of
Inventory is down -8.3% to
3.3 months in December 2017 from 3.6 in December 2016.
- Traditional
Sales are down -3.3%, with
a median sales price of $175,000.
- Foreclosure/REO
Sales increased 12.5% with
a median sales price of $116,000.
- Short Sale
Closings are down -100%, with
no sales in December 2017.
Realtor JoAnn Young, Young & Young Properties 321-243-4917 #LoveFL
