A quick recap of the Brevard County
Residential Report for June 2015 compared to June 2014:
- Closed Sales are
up 10.0% for June 2015 in which the number of units
closed were 968 compared to 880 in June 2014, with a decrease in cash
sales by -6.6% compared to June 2014.
- New Pending
Sales are up 3.3% and New
Listings are up 7.8%.
- Median Sales
Price for Brevard
County Single Family Homes are up 21.4% to $170,000 compared to a
year ago, which was $140,000.
- Median Days on
the Market are
down -16.7%, which is 30 days compared to 36 in
June 2014.
- Months Supply of
Inventory is
down -24.0% to 2.9 months compared to 3.9
months in June 2014.
- Traditional Sales
are up 24.0%, with
a median sales price of $179,890.
- Foreclosure/REO Sales are down -25.6%, with a median sales price of $116,050.
- Short Sale Closings are down -38.5%, with a median sale price of $147,000.
A quick recap of the
Brevard County Townhouses/Condos Report for June 2015 compared to June
2014:
- Closed
Sales are up 25.8% for June 2015 in which the number of units
closed were 278 compared to 221 in June 2014, with an increase in cash
sales of 40.9% compared to June 2014.
- New
Pending Sales are up 20.7% and New Listings are up 18.3%.
- The
Median Sales Price for Townhouses/Condos is up 8.5% to
$134,500 compared to a year ago, which was $124,000.
- Median
Days on the Market are down -8.7%, which is 42 days compared to June
2014, which was 46 days.
- Months
Supply of Inventory is down -21.3%, which is 3.7 months
compared to June 2014, which was 4.7 months.
- Traditional
Sales are up 36.6%, with a median sales price of
$148,000.
- Foreclosure/REO
Sales are down -11.6%, with a median sales price of $62,250.
- Short
Sale Closings are down -66.7%, with a median sale price of
$410,000.
Information furnished by the Space Coast Association of Realtors.
