Information From the Space Coast Area of Realtors:
A quick recap of the Brevard County Residential Report for
November 2015 compared to November 2014:
- Closed Sales are
up 0.5% for
November 2015 in which the number of units closed were 658 compared
to 655 in November 2014, with a decrease in cash sales by -3.9%
compared to November 2014.
- New Pending
Sales are up 7.1% and New Listings are up 8.9%
- The Median Sales
Price for Brevard Single Family homes is up
26.0% to $168,250 compared to a year ago, which was $133,500.
- Months Supply of
Inventory is down -8.2% to 3.0 months compared to 3.2
months in November 2014
- Traditional
Sales are up 16.8%, with a median sales price of
$178,250.
- Foreclosure/REO
Sales are down -48.6%, with a median sales price of
$100,500.
- Short Sale
Closing are down -25.0%, with a median sales price
of $134,950.
A quick recap of the Brevard County Townhouses/Condos for
November 2015 compared to November 2014:
- Closed Sales are
up 1.8% for
November 2015 in which the number of units closed
were 174 compared to 171 in November 2014, witha decrease in cash sales by -9.5% compared to November 2014. - New Pending
Sales are up 7.9% and New Listings are down -10.2%
- Median Sales
Price for Townhomes/Condos is up 7.4% to $138,250
compared to a year ago, which was $128,750.
- Months Supply of
Inventory is down -20.7% to 3.3 months compared to 4.2
months in November 2014
- Traditional
Sales are up 15.7%, with a median sales price of
$139,000.
- Foreclosure/REO
Sales are down -64.3%, with a median sales price of
$47,750.
- Short Sale
Closing are down -33.3%, with a median sales price
of $151,000.
If you are in the market to buy or sell a home call me! JoAnn Young 321-243-4917
