From the Space Coast Area of Realtors:
Our median sales price for single family homes is $185,000 for the year 2016. Foreclosures and shortsales are down by more than 50% for single family homes & the median sales price for our county is up 14 1/2% for 2016. Read more...
A quick recap of the Brevard County Residential Report for 2016
compared to 2015:
- Closed Sales are
up 0.7% for
2016 in which the number of units closed was 9,925 compared to 9,856
in 2015, with a decrease in cash sales by -19.1% compared to
2015.
- New Pending
Sales are down -4.9% and New Listings are up 0.2%.
- The Median Sales
Price for Brevard Single Family homes is up
14.5% to $185,500 compared to a year ago, which was $162,000.
- Months Supply of
Inventory is down -14.3% to 2.4 months compared to 2.8
months in 2015.
- Traditional
Sales are up 13.1%, with a median sales price of
$193,000.
- Foreclosure/REO
Sales are down -52.5%, with a median sales price of
$116,200.
- Short Sale
Closings are down -50.4%, with a median sales price of
$120,000.
A quick recap of the Brevard County Townhouses/Condos for 2016
compared to 2015:
- Closed Sales are
down -2.4% for
2016 in which the number of units closed
was 2,646 compared to 2,712 in 2015, witha decrease in cash sales by -11.7% compared to 2015. - New Pending
Sales are down -4.7% and New Listings are up 3.1%.
- Median Sales
Price for Townhomes/Condos is up 8.3% to $144,000
compared to a year ago, which was $132,950.
- Months Supply of
Inventory is up 5.9% to 3.6 months compared to 3.4
months in 2015.
- Traditional
Sales are up 5.1%, with a median sales price of $148,000.
- Foreclosure/REO
Sales are down -54.4%, with a median sales price of
$80,000.
- Short Sale
Closings are down -31.7%, with a median sales price of
$79,500.
