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A quick recap of
the Brevard County Residential Report for April 2016 compared to
April 2015:
- Closed Sales are down -3.6% for
April 2016 in which the number of units closed were 881
compared to 914 in April 2015, with a decrease in
cash sales by -14.2% compared to April 2015.
- New Pending Sales are down -20.5% and
New Listings are up 4.9%
- The Median Sales Price for Brevard
Single Family homes is up 16.1% to
$179,900 compared to a year ago, which was $155,000.
- Months Supply of Inventory is up 3.4% at
3.0 months compared to 2.9 months in April 2015
- Traditional Sales are up 11.8%, with
a median sales price of $185,000.
- Foreclosure/REO Sales are down -59.2%, with
a median sales price of $112,143.
- Short Sale Closing are down
-53.8%, with a median sales
price of $83,000.
A quick recap of
the Brevard County Townhouses/Condos for April 2016 compared to
April 2015:
- Closed Sales are up 8.4% for
April 2016 in which the number of units closed were 257
compared to 237 in April 2015, with a decrease in
cash sales by -6.8% compared to April 2015.
- New Pending Sales are down -11.6% and
New Listings are up 13.7%
- Median Sales Price for
Townhomes/Condos stayed the same at $140,000.
- Months Supply of Inventory is down -2.3% to
4.2 months compared to 4.3 months in April 2015.
- Traditional Sales are up 21.6%, with
a median sales price of $147,500.
- Foreclosure/REO Sales are down -61.8%, with
a median sales price of $69,500.
- Short Sale Closing are down -50.0%, with
a median sales price of $109,000.
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