Information provided by the Space Coast Association of Realtors and the Florida Association of Realtors
A quick recap of the Brevard County Residential Report for September 2024:
- Closed Sales are down -13.8% for September 2024 in which the number of units closed was 745 compared to 864 September 2023, with a decrease in cash sales of -25.2%.
- New Pending Sales are up 15.8% and New Listings are down -4.2%.
- The Median Sales Price for Brevard Single Family homes is up 5.5% to $385,000 compared to a year ago, which was $364,995.
- Months' Supply of Inventory is up 51.9% to 4.1 months, an increase from 2.7 months in September 2023.
- Traditional Sales are down -13.7% with a median sales price of $385,000.
- Foreclosure/REO Sales are 0.0% with 3 closed sales and a median sales price of $285,000.
- Short Sale Closings down -50.0 with 1 closed sale and a median sales price of $198,600.
A quick recap of the Brevard County Townhouses/Condos for September 2024:
- Closed Sales are down -20.8% for September 2024 in which the number of units closed was 179 compared to 226 in September 2023, with a decrease in cash sales of -26.7%
- New Pending Sales are down -14.3% and New Listings are down -6.5%.
- The Median Sales Price for Brevard Townhouses/Condos are down -4.9% to $292,500 compared to a year ago, which was $307,500.
- Months' Supply of Inventory is up 73.0% to 6.4 months, an increase from 3.7 months in September 2023.
- Traditional Sales are down -20.1% with a median sales price of $292,500.
- Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of N/A.
- Short Sale Closings are N/A with 0 closed sales reported.
JoAnn Young,
Real Estate Broker Owner
321-243-4917
