Wednesday, May 12, 2021

1st Quarter MLS Statistics 2021 for Brevard County, FL

 

From the Space Coast Association of Realtors and Florida Realtor Association:

 A quick recap of the Brevard County Residential Report for Q1 2021:

 

·    Closed Sales are up +17.5% for Q1 2021 in which the number of units closed was 2,677 compared to 2,279 in Q1 2020, with an increase in cash sales of +23.7%.

·    New Pending Sales are up +14.4% and New Listings are down -8.7%.

·    The Median Sales Price for Brevard Single Family homes is up +9.1% to $275,000 compared to a year ago, which was $252,000.

·    Months Supply of Inventory is down -66.7% to 0.9 months, a decrease from 2.7 months in Q1 2020.

·    Traditional Sales are up +19.9%, with a median sales price of $275,000.

·    Foreclosure/REO Sales are down -78.9%, with 12 closed sales and a median sales price of $220,000.

·    Short Sale Closings are up +33.3% with 8 closed sales and a median sales price of $220,000.

 

A quick recap of the Brevard County Townhouses/Condos for Q1 2021: 

·    Closed Sales are up +23.8% for Q1 2021 in which the number of units closed was 826 compared to 667 in Q1 2020, with an increase in cash sales of +30.4%.

·    New Pending Sales are up +40.5% and New Listings are up +2.0%.

·    Median Sales Price for Townhomes/Condos is up +13.5% to $219,000 compared to a year ago, which was $193,000.

·    Months Supply of Inventory is down -62.9% to 1.3 months in Q1 2021 from 3.5 months in Q1 2020.

·    Traditional Sales are up +24.4%, with a median sales price of $218,500.

·    Foreclosure/REO Sales are down -75.0%, with a median sales price of $580,000.

·    Short Sale Closings are unchanged with 0 closed sales in Q1 2021 and 0 closed sales in Q1 2020.

Monday, April 26, 2021

Brevard County, FL MLS Statistics for March 2021

 Information provided by the Space Coast Association of Realtors

 A quick recap of the Brevard County Residential Report for March 2021:

 

·    Closed Sales are up +13.9% for March 2021 in which the number of units closed was 1122 compared to 985 in March 2020, with an increase in cash sales of +41.0%.

·    New Pending Sales are up +29.7% and New Listings are down -10.0%.

·    The Median Sales Price for Brevard Single Family homes is up +7.9% to $280,000 compared to a year ago, which was $259,571.

·    Months Supply of Inventory is down -66.7% to 0.9 months, a decrease from 2.7 months in March 2020.

·    Traditional Sales are up +15.5%, with a median sales price of $280,000.

·    Foreclosure/REO Sales are down -75.0%, with 4 closed sales and a median sales price of $168,000.

·    Short Sale Closings are down -50.0% with 1 closed sales and a median sales price of $215,000.

 

A quick recap of the Brevard County Townhouses/Condos for March 2021:

 

·    Closed Sales are up +31.6% for March 2021 in which the number of units closed was 371 compared to 282 in March 2020, with an increase in cash sales of +35.6%.

·    New Pending Sales are up +97.1% and New Listings are up +14.1%.

·    Median Sales Price for Townhomes/Condos is up +7.3% to $220,000 compared to a year ago, which was $205,000.

·    Months Supply of Inventory is down -62.9% to 1.3 months in March 2021 from 3.5 months in March 2020.

·    Traditional Sales are up +32.0%, with a median sales price of $220,000.

·    Foreclosure/REO Sales are down with 0 closed sales compared to 1 closed sales in March 2020.

·    Short Sale Closings are unchanged with 0 closed sales in March 2021 and 0 closed sales in March 2020.


JoAnn Young, Young & Young Properties

321-243-4917

JoAnn@MyFLDreamHome.com