From the Space Coast Association of Realtors:
A quick recap of the Brevard County Residential Report for
February 2016 compared to February 2015:
- Closed Sales are
down -2.4% for
February 2016 in which the number of units closed were 684 compared
to 701 in February 2015, with a decrease in cash sales by -16.4%
compared to February 2015.
- New Pending
Sales are up 11.9% and New Listings are up 15.1%
- The Median Sales
Price for Brevard Single Family homes is up
17.9% to $165,000 compared to a year ago, which was $140,000.
- Months Supply of
Inventory stayed the same at 3 months
- Traditional
Sales are up 9.7%, with a median sales price of
$169,900.
- Foreclosure/REO
Sales are down -37.3%, with a median sales price of
$118,725.
- Short Sale
Closing are down -66.7%, with a median sales price
of $93,150.
A quick recap of the Brevard County Townhouses/Condos for
February 2016 compared to February 2015:
- Closed Sales are
down -3.7% for
February 2016 in which the number of units closed
were 180 compared to 187 in February 2015, withan decrease in cash sales by -12.5% compared to February 2015. - New Pending
Sales are up 8.2% and New Listings are up 6.8%
- Median Sales
Price for Townhomes/Condos is up 7.7% to $143,232
compared to a year ago, which was $133,000.
- Months Supply of
Inventory is down -4.7% to 4.1 months compared to 4.3
months in February 2015.
- Traditional
Sales are up 2.5%, with a median sales price of $146,150.
- Foreclosure/REO
Sales are down -30.8%, with a median sales price of
$83,750.
- Short Sale
Closing are down -75.0%, with a median sales price
of $49,000.
