Monday, November 5, 2018

Brevard County, FL Housing & MLS Statistics September 2018

MLS Statistics - September 2018



Information obtained by the Space Coast Association of Realtors.
The year-over-year percent changes reported for some of your markets (e.g. Closed Sales, New Listings, etc.) may be severely skewed in this month's reports, as most markets were heavily impacted by Hurricane Irma last September.

A quick recap of the Brevard County Residential Report for September 2018:
  • Closed Sales are up 8.1% for September 2018 in which the number of units closed was 749 compared to 693 in September 2017, with an increase in cash sales of 15.7% compared to September 2017.
  • New Pending Sales are up 47.8% and New Listings are up 49.4%.
  • The Median Sales Price for Brevard Single Family homes is up 9.3% to $235,000 compared to a year ago, which was $215,000.
  • Months Supply of Inventory is up 14.3% to 3.2 months, an increase from 2.8 months in 2017.
  • Traditional Sales are up 9%, with a median sales price of $238,750.
  • Foreclosure/REO Sales are down -10.5%, with a median sales price of $145,600.
  • Short Sale Closings are down -40%, with a median sales price of $112,500. 
A quick recap of the Brevard County Townhouses/Condos for September 2018:
  • Closed Sales are up 12.9% for September 2018 in which the number of units closed was 184 compared to 163 in September 2017, with an increase in cash sales of 23.7% compared to September 2017.
  • New Pending Sales are up 47.1% and New Listings are up 63.3%.
  • Median Sales Price for Townhomes/Condos is up 3.7% to $169,000 compared to a year ago, which was $163,000.
  • Months Supply of Inventory increased to 3.5 months in September 2018 from 3.4 months in September 2017.
  • Traditional Sales are up 13.9%, with a median sales price of $171,500.
  • Foreclosure/REO Sales saw no change with a median sales price of $85,950. 
  • Short Sale Closings are down -100% with no sales in September 2018 and one sale in September 2017.

Thursday, November 1, 2018

Brevard County, Florida MLS Statistics for the 3rd Quarter of 2018


MLS statistics for the 3rd quarter of 2018
Information obtined from the Space Coast Association  of Realtors

Sales are still up from  last year.  Inventory is also higher which means there are more homes from which to choose.
Historic Real Estate Trivia:  In 2012, Brevard county was the highest in foreclosure rate in the nation. In 2013, the metro area was rated "best" in the country for buying.

A quick recap of the Brevard County Residential Report for Q3 2018:
  • Closed Sales are up 5.9% for Q3 2018 in which the number of units closed was 2,676 compared to 2,528 in Q3 2017, with an increase in cash sales of 5.9% compared to Q3 2017.
  • New Pending Sales are up 3.7% and New Listings are up 11.7%.
  • The Median Sales Price for Brevard Single Family homes is up 4.9% to $230,762 compared to a year ago, which was $220,000.
  • Months Supply of Inventory is up 14.3% to 3.2 months, an increase from 2.8 months in 2017.
  • Traditional Sales are up 7.5%, with a median sales price of $235,000.
  • Foreclosure/REO Sales are down -30.6%, with a median sales price of $135,000.
  • Short Sale Closings are down -44.4%, with a median sales price of $136,250. 
A quick recap of the Brevard County Townhouses/Condos for Q3 2018:
  • Closed Sales are up 14.4% for Q3 2018 in which the number of units closed was 716 compared to 626 in Q3 2017, with an increase in cash sales of 12.9% compared to Q3 2017.
  • New Pending Sales are up 10% and New Listings are up 15%.
  • Median Sales Price for Townhomes/Condos is up 9.3% to $174,950 compared to a year ago, which was $160,000.
  • Months Supply of Inventory increased to 3.5 months in Q3 2018 from 3.4 months in Q3 2017.
  • Traditional Sales are up 16.6%, with a median sales price of $176,500.
  • Foreclosure/REO Sales were down -40% with a median sales price of $108,500. 
  • Short Sale Closings are down -66.7% with a median sales price of $180,000.

Sunday, September 30, 2018

A few simple rules for saving from Dave Ramsey

Dave Ramsey featured  I felt this was worth reblogging for the purpose of saving for that down payment for a first home or trying to pay your mortgage off early.
7 Impulse Buys to Avoid

Thursday, September 6, 2018

A Recent Review from My Sellers in Palm Bay, FL

I received this review from a recent client!

"We cannot say enough great things about our Realtor, JoAnn Young!!  Our house was only listed for 6 days before being placed under contract.  We listened to her recommendations, followed her advice and the sale happened FAST!!  Her experience, expertise and guidance has been incredible.  She works extremely well with people and has such a sweet spirit about her.  Our house has some challenges with the plumbing but JoAnn was right there to guide us through getting the work done fast and efficient.  We would definitely recommend her to our family, friends and anyone in need of one, great Realtor.  Thank you JoAnn.  Your company should be so very proud to have you on their team. - M & K Czernik -  7/16/2018