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 

Thursday, October 17, 2019

MLS Statistics September 2019, Brevard County, FL


September 2019 MLS Statistics for Brevard County,  FL
~Data provided by the Space Coast Association of Realtors~

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

  • Closed Sales are up +3.5% for September 2019 in which the number of units closed was 775 compared to 749 in September 2018, with a decrease in cash sales of -16.3% compared to September 2018.
  • New Pending Sales are down -1.4% and New Listings are down -2.5%.
  • The Median Sales Price for Brevard Single Family homes is up +2.1% to $240,000 compared to a year ago, which was $235,000.
  • Months Supply of Inventory is down -12.5% to 2.8 months, a decrease from 3.2 months in September 2018.
  • Traditional Sales are up +4.3%, with a median sales price of $240,000.
  • Foreclosure/REO Sales are down -17.6%, with 14 sales and a median sales price of $146,000.
  • Short Sale Closings are down -66.7% with 1 closed sale in September 2019 compared to 3 sales in September 2018.
A quick recap of the Brevard County Townhouses/Condos for September 2019:
  • Closed Sales are up to +19.0% for September 2019 in which the number of units closed was 219 compared to 184 in September 2018, with a decrease in cash sales of -19.1% compared to September 2018.
  • New Pending Sales are down -8.4% and New Listings are down -19.9%.
  • Median Sales Price for Townhomes/Condos is up +18.3% to $199,990 compared to a year ago, which was $169,000.
  • Months Supply of Inventory is down -2.9% to 3.4 months in September 2019 from 3.5 months in September 2018.
  • Traditional Sales are up +21.1%, with a median sales price of $199,745.
  • Foreclosure/REO Sales are down -75.0%, with 1 sale and a median sales price of $220,000.
  • Short Sale Closings are unchanged at +0.0% with no closed sales in September 2019 compared to no closed sales in September 2018.
repost by Realtor JoAnn Young, Young & Young Properties