Tuesday, March 26, 2019

MLS Statistics for Brevard County February 2019


Data provided by the Space Coast Associaiton of Realtors and the Florida Association of Realtors. 

A quick recap of the Brevard County Residential Report for February 2019:
  • Closed Sales are down -4% for February 2019 in which the number of units closed was 666 compared to 694 in 2018, with a decrease in cash sales of -7.3% compared to February 2018.
  • New Pending Sales are up 2.1% and New Listings are up 2.3%.
  • The Median Sales Price for Brevard Single Family homes saw no change and was $230,000 in 2018 and 2019.
  • Months Supply of Inventory is up 33.3% to 3.6 months, an increase from 2.7 months in February 2018.
  • Traditional Sales are down -4.8%, with a median sales price of $231,000.
  • Foreclosure/REO Sales are up 26.3% with 24 sales and a median sales price of $204,250.
  • Short Sale Closings are down -25%, with 3 sales and a median sales price of $335,000.
A quick recap of the Brevard County Townhouses/Condos for February 2019:
  • Closed Sales are down -5.8% for February 2019 in which the number of units closed was 212 compared to 225 in 2018, with a decrease in cash sales of -21.7% compared to February 2018.
  • New Pending Sales are down -13.3% and New Listings are down -9.6%.
  • Median Sales Price for Townhomes/Condos is up 10.9% to $173,500 compared to a year ago, which was $156,500.
  • Months Supply of Inventory is up 13.5% to 4.2 months in February 2019 from 3.7 months in February 2018.
  • Traditional Sales are down -4.6%, with a median sales price of $173,000.
  • Foreclosure/REO Sales are down -25% with 3 sales and a median sales price of $240,000. 
  • Short Sale Closings are down -100% with no sales in February 2019.
Call JoAnn Young for more info on Real Estate in Brevard County 321-243-4917

Tuesday, March 5, 2019

Buy New or Used?

You want to make the most of your money but do you buy new or used products?  Know what to avoid and when to buy used.
Dave Ramsey on New or Used