Friday, September 22, 2017

Brevard County, Florida MLS Statistics August 2017

MLS Statistics for August 2017 
Compiled by the Space Coast Association of Realtors  
JoAnn Young, Young & Young Properties 321-243-4917  JoAnn@MyFLDreamHome.com 



Brevard County Residential Report for August 2017:
  • Closed Sales are up 9.3% for August 2017 in which the number of units closed was 961 compared to 879 in August 2016, with an increase in cash sales of 0.4% compared to August 2016.
  • New Pending Sales are up 2.3% and New Listings are up 6.4%.
  • The Median Sales Price for Brevard Single Family homes is up 14.1% to $222,500 compared to a year ago, which was $195,000.
  • Months Supply of Inventory is up 8% to 2.7 months, up from 2.5 months in 2016.
  • Traditional Sales are up 12.1%, with a median sales price of $225,000
  • Foreclosure/REO Sales are down -26%, with a median sales price of $127,300.
  • Short Sale Closings are down -33.3%, with a median sales price of $225,000. 
Brevard County Townhouses/Condos for August 2017:

  • Closed Sales are down -7.0% for August 2017 in which the number of units closed was 240 compared to 258 in August 2016, with a decrease in cash sales of 23.3% compared to August 2016.
  • New Pending Sales are down -0.4% and New Listings are up 24.2%.
  • Median Sales Price for Townhomes/Condos is down -0.6% to $153,125 compared to a year ago, which was $154,000.
  • Months Supply of Inventory did not change. It was 3.4 months in August 2016 and August 2017.
  • Traditional Sales are down -5%, with a median sales price of $153,125.
  • Foreclosure/REO Sales decreased -42.9 with a median sales price of $145,000. 
  • Short Sale Closings increased 204.4%, with a median sales price of $342,250 in August 2017.
Contact JoAnn Young for all your Real Estate needs.  321-243-4917

Tuesday, September 19, 2017

Maronda Homes "Hanover" Floor Plan - 1510 sq ft

The Hanover Floor plan is quite prevalent in our subdivision.  This was a model home and is one of the smaller homes in the subdivision at 1510 sq ft.  The floor plan is not a "split" floor plan as most in the subdivision.  The Hanover's starting price in September of 1986 was $77,400.  By April of 1989 the home was being sold by Maronda for 83,900.  The lot was included in the price.




Tuesday, August 29, 2017

Brevard MLS Statistics for July 2017

July 2017  MLS statistics provided by the Space Coast Association of Realtors 
Posted by JoAnn Young -  Brevard County, Florida Realtor

A quick recap of the Brevard County Residential Report for July 2017:

  • Closed Sales are down -1.7% for July 2017 in which the number of units closed was 874 compared to 889 in July 2016, with a decrease in cash sales of -9.9% compared to July 2016.
  • New Pending Sales are up 3.3% and New Listings are up 26.5%.
  • The Median Sales Price for Brevard Single Family homes is up 12.2% to $220,000 compared to a year ago, which was $196,000.
  • Months Supply of Inventory is up 7.7% to 2.8 months, up from 2.6 months in 2016.
  • Traditonal Sales are up 1.1%, with a median sales price of $222,000
  • Foreclosure/REO Sales are down -45.3%, with a median sales price of $144,800.
  • Short Sale Closings are down -9.7%, with a median sales price of $158,000. 
A quick recap of the Brevard County Townhouses/Condos for July 2017:

  • Closed Sales are up 18% for July 2017 in which the number of units closed was 223 compared to 189 in July 2016, with an increase in cash sales of 12% compared to July 2016.
  • New Pending Sales are down -5% and New Listings are up 16.5%.
  • Median Sales Price for Townhomes/Condos is up 15% to $161,000 compared to a year ago, which was $140,000.
  • Months Supply of Inventory is down -10.5% to 3.4 months compared to 3.8 months in July 2016.
  • Traditional Sales are up 21.5%, with a median sales price of $164,900.
  • Foreclosure/REO Sales saw no change with a median sales price of $64,000. 
  • Short Sale Closings are down -100%, with no sales in July 2017.