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The Brevard County Residential Report for
August 2016 compared to August 2015:
- Closed Sales
are up 1.5% for August 2016 in which
the number of units closed was 879 compared to 866
in August 2015, with a decrease in cash sales by -26.1%
compared to August 2015.
- New Pending
Sales are up 1.8% and New Listings
are up 7.4%.
- The Median
Sales Price for Brevard Single Family homes is up 14.7% to $195,000
compared to a year ago, which was $170,000.
- Months
Supply of Inventory is down -7.4% at 2.5 months
compared to 2.7 months in August 2015.
- Traditional
Sales are up 15.1%, with a median sales price of
$200,000.
- Foreclosure/REO
Sales are down -64%, with a median sales price of
$109,450.
- Short Sale
Closings are down -29.4%, with
a median sales price of $127,500.
A quick recap of the Brevard County Townhouses/Condos for
August 2016 compared to August 2015:
- Closed Sales
are up 10.7% for August 2016 in which the number of
units closed was 258 compared to 233 in August 2015,
with an increase in cash sales of 4.9% compared to August
2015.
- New Pending
Sales are up 7.6% and New Listings are up 3.4%.
- Median Sales
Price for Townhomes/Condos is up 16.7% to
$154,000 compared to a year ago, which was $132,000.
- Months
Supply of Inventory is up 6.2% to 3.4 months
compared to 3.2 months in August 2015.
- Traditional
Sales are up 24.1%, with a median sales price of
$158,500.
- Foreclosure/REO
Sales are down -56.3%, with a median sales price of
$63,000.
- Short Sale
Closings are down -66.7%, with a median sales
price of $112,450.
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