Thursday, February 20, 2020

Brevard MLS Statistics January 2020


From the Space Coast Area of Realtors:


A quick recap of the Brevard County Residential Report for January 2020:
  • Closed Sales are up +15.0% for January 2020 in which the number of units closed was 599 compared to 521 in January 2019, with an increase in cash sales of +9.3% compared to January 2019.
  • New Pending Sales are up +12.0% and New Listings are down -1.3%.
  • The Median Sales Price for Brevard Single Family homes is up +5.5% to $240,982 compared to a year ago, which was $228,463.
  • Months Supply of Inventory is down -27.8% to 2.6 months, a decrease from 3.6 months in January 2019.
  • Traditional Sales are up +14.9%, with a median sales price of $244,900.
  • Foreclosure/REO Sales are up +18.8%, with 19 sales and a median sales price of $118,000.
  • Short Sale Closings are unchanged 0% with 1 closed sale in January 2020 compared to 1 sale in January 2019.
A quick recap of the Brevard County Townhouses/Condos for January 2020:
  • Closed Sales are up +19.0% for January 2020 in which the number of units closed was 175 compared to 147 in January 2019, with an increase in cash sales of +7.3% compared to January 2019.
  • New Pending Sales are up +17.9% and New Listings are down -6.7%.
  • Median Sales Price for Townhomes/Condos is up +0.4% to $170,000 compared to a year ago, which was $169,400.
  • Months Supply of Inventory is down -19.0% to 3.4 months in January 2020 from 4.2 months in January 2019.
  • Traditional Sales are up +20.7%, with a median sales price of $170,000.
  • Foreclosure/REO Sales are down -100%, with 0 sales and a median sales price of $N/A.
  • Short Sale Closings are unchanged 0.0% with 0 closed sales in January 2020 compared to 0 closed sales in January 2020.
JoAnn Young, Young & Young Properties
321-243-4917

Home Inventory List & Why You Need One

A Home Inventory List is an important tool to have.  AAA's article in the link below gives 10 tips on how to create one.

Why You Need A Home Inventory List (4 minute read)

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

Monday, January 20, 2020

Brevard County MLS Statistics December 2019


From the Space Coast Board of Realtors

A quick recap of the Brevard County Residential Report for December 2019:
  • Closed Sales are up +19.2% for December 2019 in which the number of units closed was 893 compared to 749 in December 2018, with a decrease in cash sales of -4.5% compared to December 2018.
  • New Pending Sales are up +12.4% and New Listings are up +7.1%.
  • The Median Sales Price for Brevard Single Family homes is up +8.3% to $248,000 compared to a year ago, which was $229,000.
  • Months Supply of Inventory is down -23.5% to 2.6 months, a decrease from 3.4 months in December 2018.
  • Traditional Sales are up +22.8%, with a median sales price of $249,000.
  • Foreclosure/REO Sales are down -41.7%, with 21 sales and a median sales price of $158,000.
  • Short Sale Closings are down -100.0% with 0 closed sale in December 2019 compared to 3 sale in December 2018.
A quick recap of the Brevard County Townhouses/Condos for December 2019:
  • Closed Sales are up +31.3% for December 2019 in which the number of units closed was 252 compared to 192 in December 2018, with an increase in cash sales of +1.1% compared to November 2018.
  • New Pending Sales are up +15.2% and New Listings are up +8.5%.
  • Median Sales Price for Townhomes/Condos is up +3.7% to $191,850 compared to a year ago, which was $185,000.
  • Months Supply of Inventory is down -15.8% to 3.2 months in December 2019 from 3.8 months in December 2018.
  • Traditional Sales are up +33.0%, with a median sales price of $194,350.
  • Foreclosure/REO Sales are down -50.0%, with 2 sales and a median sales price of $78,075.
  • Short Sale Closings are unchanged with 0 closed sales in December 2019 compared to 0 closed sales in December 2018.
JoAnn Young, Young & Young Properties, 321-243-4917