Friday, February 19, 2016

Brevard County, Florida Housing Stats for 2015


Provided by the Space Coast Area Board of Realtors
 

A quick recap of the Brevard County Residential Report for 2015 compared to 2014:
  • Closed Sales are up 7.8% for 2015 in which the number of units closed were 10,113 compared to 9,382 in 2014, with a decrease in cash sales by -9.6% compared to 2014.
  • New Pending Sales are up 10.6% and New Listings are up 2.5%
  • The Median Sales Price for Brevard Single Family homes is up 18.6% to $162,500 compared to a year ago, which was $137,000.
  • Months Supply of Inventory is down -12.1% to 2.9 months compared to 3.3 months in 2014
  • Traditional Sales are up 23.4%, with a median sales price of $176,625.
  • Foreclosure/REO Sales are down -28.7%, with a median sales price of $99,950.
  • Short Sale Closing are down -36.8%, with a median sales price of $120,000.

A quick recap of the Brevard County Townhouses/Condos for 2015 compared to 2014:


  • Closed Sales are up 12.6% for 2015 in which the number of units closed were 2,752 compared to 2,443 in 2014, with an increase in cash sales by 9.2% compared to 2014.
  • New Pending Sales are up 20.0% and New Listings are up 1.3%
  • Median Sales Price for Townhomes/Condos is up 9.9% to $133,000 compared to a year ago, which was $121,000.
  • Months Supply of Inventory is down -16.9% to 3.5 months compared to 4.2 months in 2014
  • Traditional Sales are up 24.8%, with a median sales price of $141,500.
  • Foreclosure/REO Sales are down -28.3%, with a median sales price of $75,375.
  • Short Sale Closing are down -46.1%, with a median sales price of $105,250.