Information From the Space Coast Area Board of Realtors:
A quick recap of the Brevard County Residential Report for
December 2015 compared to December 2014:
- Closed Sales are
up 3.5% for
December 2015 in which the number of units closed were 839 compared
to 811 in December 2014, with a decrease in cash sales by -11.1%
compared to December 2014.
- New Pending
Sales are down -2.3% and New Listings are up 3.3%
- The Median Sales
Price for Brevard Single Family homes is up
17.9% to $165,000 compared to a year ago, which was $139,900.
- Months Supply of
Inventory is down -12.1% to 2.9 months compared to 3.3
months in December 2014
- Traditional
Sales are up 22.4%, with a median sales price of
$176,500.
- Foreclosure/REO
Sales are down -49.0%, with a median sales price of
$98,000.
- Short Sale
Closing are down -29.6%, with a median sales price
of $81,000.
A quick recap of the Brevard County Townhouses/Condos for
December 2015 compared to December 2014:
- Closed Sales are
down -3.2% for
December 2015 in which the number of units closed
were 210 compared to 217 in December 2014, witha decrease in cash sales by -4.6% compared to December 2014. - New Pending
Sales are up 15.1% and New Listings are up 21.4%
- Median Sales
Price for Townhomes/Condos is up 20.8% to $145,000
compared to a year ago, which was $120,000.
- Months Supply of
Inventory is down -16.9% to 3.5 months compared to 4.2
months in December 2014
- Traditional
Sales are up 14.5%, with a median sales price of
$147,500.
- Foreclosure/REO
Sales are down -64.9%, with a median sales price of $70,400.
- Short Sale
Closing are down -100.0%, with no sales.
Interested in selling your home or buying a home? Call JoAnn Young 321-243-4917, Young & Young Properties
