June 2016 Sales Statistics for Brevard County, FL provided by the Space Coast Area Realtors
A quick recap of the Brevard County Residential Report
for June 2016 compared to June 2015:
- Closed Sales
are up 9% for June 2016 in which the number of
units closed was 1,033 compared to 948 in June 2015,
with a decrease in cash sales by -10.5% compared to June
2015.
- New Pending
Sales are down -8.3% and New Listings are up 4.4%.
- The Median Sales
Price for Brevard Single Family homes is up 11.8% to $189,925
compared to a year ago, which was $169,900.
- Months Supply of
Inventory is down -6.9% at 2.7 months compared
to 2.9 months in June 2015.
- Traditional
Sales are up 22.8%, with a median sales price of
$195,000.
- Foreclosure/REO
Sales are down -56.6%, with a median sales price of
$115,000.
- Short Sale
Closings are down -50%, with a median sales price
of $135,500.
A quick recap of the Brevard County Townhouses/Condos
for June 2016 compared to June 2015:
- Closed Sales are
down -3.3% for June
2016 in which the number of units closed
was 264 compared to 273 in June 2015, withan decrease in cash sales by -22.1% compared to June 2015. - New Pending
Sales are down -18.3% and New Listings
are up 5.3%.
- Median Sales
Price for Townhomes/Condos is up 14.9% to $154,500 compared to
a year ago, which was $134,500.
- Months Supply of
Inventory is up 2.7% to 3.8 months compared to 3.7
months in June 2015.
- Traditional
Sales are up 6.8%, with a median sales price of $157,000.
- Foreclosure/REO
Sales are down -67.6%, with a median sales price of
$84,250.
- Short Sale
Closings stayed the same, with a median sales price of
$32,500.
