From the Space Coast Association of Realtors:
A quick recap of the Brevard County Residential Report for
October 2015 compared to October 2014:
- Closed Sales are
down -10.3% for
October 2015 in which the number of units closed were 763 compared to
851 in October 2014, with a decrease in cash sales by -29.6%
compared to October 2014.
- New Pending
Sales are up 44.7% and New Listings are up 3.8%
- The Median Sales
Price for Brevard Single Family homes is up
15.4% to $165,000 compared to a year ago, which was $143,000.
- Months Supply of
Inventory is down -3.7% to 2.9 months compared to 3.0
months in October 2014
- Traditional
Sales are up 5.7%, with a median sales price of
$175,000.
- Foreclosure/REO
Sales are down -53.5%, with a median sales price of
$125,000.
- Short Sale
Closing are down -45.9%, with a median sales price
of $113,625.