Thursday, May 23, 2019

Brevard MLS Statistics April 2019

From the Space Coast Association of Realtors:

  
A quick recap of the Brevard County Residential Report for April 2019:
  • Closed Sales are up 10% for April 2019 in which the number of units closed was 998 compared to 907 in 2018, with an increase in cash sales of 14.3% compared to April 2018.
  • New Pending Sales are up 10.7% and New Listings are down -5.9%.
  • The Median Sales Price for Brevard Single Family homes is up 4.6% to $238,000 compared to a year ago, which was $227,500.
  • Months Supply of Inventory is up 6.9% to 3.1 months, an increase from 2.9 months in April 2018.
  • Traditional Sales are up 8.2%, with a median sales price of $240,000.
  • Foreclosure/REO Sales are up 121.4% with 31 sales and a median sales price of $179,900.
  • Short Sale Closings are down -50%, with 3 sales and a median sales price of $150,000.
A quick recap of the Brevard County Townhouses/Condos for April 2019:
  • Closed Sales are up 0.4% for April 2019 in which the number of units closed was 256 compared to 255 in 2018, with a decrease in cash sales of -12.1% compared to April 2018.
  • New Pending Sales are down -9.1% and New Listings are down -10.4%.
  • Median Sales Price for Townhomes/Condos is down -8.7% to $173,500 compared to a year ago, which was $190,000.
  • Months Supply of Inventory is up 11.4% to 3.9 months in April 2019 from 3.5 months in April 2018.
  • Traditional Sales are up 1.2%, with a median sales price of $175,000.
  • Foreclosure/REO Sales are down -50% with 2 sales and a median sales price of $91,013. 
  • Short Sale Closings did not occur. There were no short sales in April 2018 or April 2019.
Call JoAnn Young for your Real Estate needs: 321-243-4917

Tuesday, May 14, 2019

Brevard MLS Statistics - First Quarter 2019


From Brevard's Space Coast Association of Realtors

A quick recap of the Brevard County Residential Report for 1st Quarter 2019:
  • Closed Sales are down -4.7% for Q1 2019 in which the number of units closed was 2,088 compared to 2,192 in 2018, with a decrease in cash sales of -7.2% compared to Q1 2018.
  • New Pending Sales are up 2.2% and New Listings are down -1.9%.
  • The Median Sales Price for Brevard Single Family homes is up 1.5% to $229,750 compared to a year ago, which was $226,323.
  • Months Supply of Inventory is up 21.4% to 3.4 months, an increase from 2.8 months in Q1 2018.
  • Traditional Sales are down -5%, with a median sales price of $230,000.
  • Foreclosure/REO Sales are up 16.7% with 63 sales and a median sales price of $165,000.
  • Short Sale Closings are down -50%, with 6 sales and a median sales price of $199,100.
A quick recap of the Brevard County Townhouses/Condos for Q1 2019:
  • Closed Sales are down -10.7% for Q1 2019 in which the number of units closed was 633 compared to 709 in 2018, with a decrease in cash sales of -17.4% compared to Q1 2018.
  • New Pending Sales are down -11.5% and New Listings are down -6.8%.
  • Median Sales Price for Townhomes/Condos is up 10.8% to $175,000 compared to a year ago, which was $158,000.
  • Months Supply of Inventory is up 17.1% to 4.1 months in Q1 2019 from 3.5 months in Q1 2018.
  • Traditional Sales are down -10.2%, with a median sales price of $176,500.
  • Foreclosure/REO Sales are down -20% with 8 sales and a median sales price of $136,000. 
  • Short Sale Closings are down -75% with one sale and a median sales price of $120,000.