A quick recap of the Brevard County Residential Report for
January 2016 compared to January 2015:
- Closed Sales are
down -1.5% for
January 2016 in which the number of units closed were 602 compared to
611 in January 2015, with a decrease in cash sales by -12.0%
compared to January 2015.
- New Pending
Sales are down -10.3% and New Listings are down -7.8%
- The Median Sales
Price for Brevard Single Family homes is up
17.2% to $164,038 compared to a year ago, which was $140,000.
- Months Supply of
Inventory is down -14.7% to 2.9 months compared to 3.4
months in January 2015.
- Traditional
Sales are up 16.9%, with a median sales price of
$178,900.
- Foreclosure/REO
Sales are down -46.8%, with a median sales price of
$99,375.
- Short Sale
Closing are down -40.0%, with a median sales price
of $117,050.
A quick recap of the Brevard County Townhouses/Condos for
January 2016 compared to January 2015:
- Closed Sales are
down -6.6% for
January 2016 in which the number of units closed
were 155 compared to 166 in January 2015, withan decrease in cash sales by -24.1% compared to January 2015. - New Pending
Sales are down -19.9% and New Listings are up 4.4%
- Median Sales
Price for Townhomes/Condos is up 19.0% to $138,000
compared to a year ago, which was $116,000.
- Months Supply of
Inventory is down -11.6% to 4.0 months compared to 4.6
months in January 2015.
- Traditional
Sales are up 6.0%, with a median sales price of $141,000.
- Foreclosure/REO
Sales are down -52.0%, with a median sales price of
$65,985.
- Short Sale
Closing are down -85.7%, with a median sales price
of $62,000.
