Wednesday, December 29, 2021

Brevard County MLS Statistics for November 2021

 MLS statistics provided by Space Coast Association of Realtors


A quick recap of the Brevard County MLS Residential Report for

November 2021:


 ·    Closed Sales are up +7.3% for November 2021 in which the number of units closed was 991 compared to 924 in November 2020, with an increase in cash sales of 35.7%.

·    New Pending Sales are up +9.1% and New Listings are up +5.8%.

·    The Median Sales Price for Brevard Single Family homes is up +17.6% to $323,333 compared to a year ago, which was $275,000.

·    Months Supply of Inventory is down -40.0% to 0.9 months, a decrease from 1.5 months in November 2020.

·    Traditional Sales are up +7.4% with a median sales price of $324,900.

·    Foreclosure/REO Sales are up +28.6% with 9 closed sales and a median sales price of $188,000.

·    Short Sale Closings are down -75.0% with 1 closed sale and a median sales price of $430,000.

 

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

 

·    Closed Sales are up +4.9% for November 2021 in which the number of units closed was 259 compared to 247 in November 2020, with an increase in cash sales of +27.9%.

·    New Pending Sales are up +15.5% and New Listings are down -11.9%.

·    Median Sales Price for Townhomes/Condos is up +2.5% to $240,800 compared to a year ago, which was $235,000.

·    Months Supply of Inventory is down -48.0% to 1.3 months in November 2021 from 2.5 months in November 2020.

·    Traditional Sales are up +4.5% with a median sales price of $242,000.

·    Foreclosure/REO Sales are up 100% with a median sales price of $217,500.

·    Short Sale Closings are N/A with 0 closed sales in November 2021 and 0 closed sales in November 2020.


JoAnn Young

Licensed Realtor

Young & Young Properties

Melbourne, FL

321-243-4917

JoAnn@MyFLdreamHome.com

Wednesday, November 17, 2021

2.5 Acres Vacant Land - 186 Cavalier St. Palm Bay, FL

 186 Cavalier St. Palm Bay, FL  32909

$137,900

2.5 acres of vacant land in peaceful Deer Run Equestrian Community in southern Brevard County.  Near new I-95 exit #166 for an easy commute.  Just north of the Stick Marsh and Indian River county line and just outside the southern city limits of Palm Bay.  

214 ft  x 504 ft.  Lot faces south.  Vacant land behind it.  The same size lot to the left (west side) is a fixed pasture.  On the right (east side) is a drainage ditch with a 30 ft easement up to the next lot.  You'll have no crowding here!  This lot is visibly higher in elevation than lots in the back of the subdivision for less fill dirt and NO flood zone OR wetlands for this section.  Lots in subdivision are priced accordingly.  Environmental study has already been completed 10/2021.  

More than 15 beautiful oaks on this property.  Horses allowed-1 per acre.  Lots of wildlife - can be seen every day.  The new Emerald Lakes community 2 miles north is expected to break ground soon where this neighborhood is expected to be a good investment for the location.  Owner is a Real Estate agent and a resident of Deer Run.  Call for more details.




JoAnn Young 321-243-4917

Licensed Sales Associate

Young & Young Properties

Brevard County, FL

3rd quarter 2021 MLS statistics for Brevard County FL

3rd quarter MLS statisitics provided by the Space Coast Association of Realtors

You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.

 

A quick recap of the Brevard County Residential Report for Q3 2021:

 

·    Closed Sales are down -2.4% for Q3 2021 in which the number of units closed was 3,118 compared to 3,196 in Q3 2020, with an increase in cash sales of 34.5%.

·    New Pending Sales are up +0.9% and New Listings are up +14.1%.

·    The Median Sales Price for Brevard Single Family homes is up +20.8% to $320,000 compared to a year ago, which was $264,908.

·    Months Supply of Inventory is down -37.5% to 1.0 months, a decrease from 1.6 months in Q3 2020.

·    Traditional Sales are down -1.8% with a median sales price of $320,000.

·    Foreclosure/REO Sales are down -47.5% with 21 closed sales and a median sales price of $256,500.

·    Short Sale Closings are

·    down -37.5% with 5 closed sales and a median sales price of $260,000.

 

A quick recap of the Brevard County Townhouses/Condos for Q3 2021:

 

·    Closed Sales are down -8.1% for Q3 2021 in which the number of units closed was 797 compared to 867 in Q3 2020, with an increase in cash sales of +1.6%.

·    New Pending Sales are down -8.1% and New Listings are up +7.1%.

·    Median Sales Price for Townhomes/Condos is up +17% to $245,788 compared to a year ago, which was $210,000.

·    Months Supply of Inventory is down -44.0% to 1.4 months in Q3 2021 from 2.5 months in Q3 2020.

·    Traditional Sales are down -8.1% with a median sales price of $247,490.

·    Foreclosure/REO Sales are up 100% with a median sales price of $138,550.

·    Short Sale Closings are down -50% with 1 closed sale in Q3 2021 and 2 closed sales in Q3 2020.


JoAnn Young - Licensed Sales Associate

Young & Young Properties

321-243-4917