Tuesday, November 19, 2019

Brevard County, FL MLS Statistics October 2019

MLS statistics provided by the Space Coast Association of Realtors
JoAnn Young, Young & Young Properties 321-243-4917, email:  JoAnn@MyFLDreamHome.com

A quick recap of the Brevard County Residential Report for October 2019:

  • Closed Sales are up -8.7% for October 2019 in which the number of units closed was 739 compared to 809 in October 2018, with a decrease in cash sales of -26.0% compared to October 2018.
  • New Pending Sales are up +22.7% and New Listings are up +4.0%.
  • The Median Sales Price for Brevard Single Family homes is up +4.3% to $240,000 compared to a year ago, which was $230,000.
  • Months Supply of Inventory is down -15.2% to 2.8 months, a decrease from 3.3 months in October 2018.
  • Traditional Sales are down -6.1%, with a median sales price of $244,900.
  • Foreclosure/REO Sales are down -55.2%, with 13 sales and a median sales price of $152,000.
  • Short Sale Closings are down -87.5% with 1 closed sale in October 2019 compared to 8 sales in October 2018.
A quick recap of the Brevard County Townhouses/Condos for October 2019:
  • Closed Sales are down to -6.0% for October 2019 in which the number of units closed was 220 compared to 234 in October 2018, with a decrease in cash sales of -14.0% compared to October 2018.
  • New Pending Sales are up +20.3% and New Listings are up +15.3%.
  • Median Sales Price for Townhomes/Condos is up +5.7% to $185,000 compared to a year ago, which was $175,000.
  • Months Supply of Inventory is down -2.8% to 3.5 months in October 2019 from 3.6 months in October 2018.
  • Traditional Sales are up -6.1%, with a median sales price of $185,000.
  • Foreclosure/REO Sales are unchanged at 0.0%, with 3 sales and a median sales price of $131,000.
  • Short Sale Closings are unchanged at +0.0% with 0 closed sales in October 2019 compared to 0 closed sales in October 2018.

Thursday, November 7, 2019

Brevard MLS Statistics for the 3rd Quarter of 2019


A quick recap of the Brevard County Residential Report for Q3 2019:
  • Closed Sales are up +1.0% for Q3 2019 in which the number of units closed was 2,703 compared to 2,676 in Q3 2018, with a decrease in cash sales of -8.6% compared to Q3 2018.
  • New Pending Sales are up +2.0% and New Listings are down -7.7%.
  • The Median Sales Price for Brevard Single Family homes is up +4.0% to $239,900 compared to a year ago, which was $230,762.
  • Months Supply of Inventory is down -12.5% to 2.8 months, a decrease from 3.2 months in Q3 2018.
  • Traditional Sales are up +1.6%, with a median sales price of $240,250.
  • Foreclosure/REO Sales are down -22.0%, with 46 sales and a median sales price of $150,000.
  • Short Sale Closings are down -30.0% with 7 closed sales in Q3 2019 compared to 10 sales in Q3 2018.
A quick recap of the Brevard County Townhouses/Condos for Q3 2019:
  • Closed Sales are up to +7.4% for Q3 2019 in which the number of units closed was 769 compared to 716 in Q3 2018, with a decrease in cash sales of -6.4% compared to Q3 2018.
  • New Pending Sales are up +5.6% and New Listings are down -11.1%.
  • Median Sales Price for Townhomes/Condos is up +6.9% to $187,000 compared to a year ago, which was $174,950.
  • Months Supply of Inventory is down -2.9% to 3.4 months in Q3 2019 from 3.5 months in Q3 2018.
  • Traditional Sales are up +8.3%, with a median sales price of $187,500.
  • Foreclosure/REO Sales are down -41.7%, with 7 sales and a median sales price of $107,125.
  • Short Sale Closings are unchanged at +0.0% with 1 closed sale in Q3 2019 compared to 1 closed sale in Q3 2018.

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Reposted by JoAnn Young, Young & Young Properties - 321-243-4917  JoAnn@MyFLDreamHome.com