Information Provided by the Space Coast Area Board of Realtors
A quick recap of the Brevard County Residential Report for
September 2016 compared to September 2015:
- Closed Sales are
down -0.7% for
September 2016 in which the number of units closed was 849
compared to 855 in September 2015, with a decrease in cash
sales by -23.7% compared to September 2015.
- New Pending
Sales are up 4.3% and New Listings are up 5.6%.
- The Median Sales
Price for Brevard Single Family homes is up 15.9% to $197,100
compared to a year ago, which was $170,000.
- Months Supply of
Inventory is down -3.8% at 2.5 months compared
to 2.6 months in September 2015.
- Traditional
Sales are up 8.2%, with a median sales price of $200,000.
- Foreclosure/REO
Sales are down -60.2%, with a median sales price of
$141,000.
- Short Sale
Closings are down -6.7%, with a median sales price
of $123,500.
A quick recap of the Brevard County Townhouses/Condos for
September 2016 compared to September 2015:
- Closed Sales are
down -7.9% for
September 2016 in which the number of units closed
was 220 compared to 239 in September 2015, witha decrease in cash sales of -2.2% compared to September 2015. - New Pending
Sales are up 13.4% and New Listings are down -4.4%.
- Median Sales
Price for Townhomes/Condos is up 15.6% to
$138,700 compared to a year ago, which was $120,000.
- Months Supply of
Inventory is up 6.2% to 3.4 months compared to 3.2
months in September 2015.
- Traditional
Sales are down -4.1%, with a median sales price of
$141,500.
- Foreclosure/REO
Sales are down -47.4%, with a median sales price of
$81,650.
- Short Sale
Closings are down -33.3%, with a median sales price of
$135,000.
