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FROM THE SPACE COAST ASSOCIATION OF REALTORS
A quick recap of the Brevard County Residential Report for
April 2017:
- Closed Sales are down -8.6% for April 2017 in which the number of
units closed was 805 compared to 881 in April 2016, with a
decrease in cash sales of -28% compared to April 2016.
- New Pending Sales are up 22.2% and New Listings are down -3.2%.
- The Median Sales Price for Brevard Single
Family homes is up 13.8%
to $204,655 compared to a year ago, which was $179,900.
- Months Supply of Inventory is down -16.7% at 2.5 months compared to 3
months in April 2016.
- Traditonal Sales are down -4.9%, with a median sales price of $210,000.
- Foreclosure/REO Sales are down -45.1%, with a median sales price of $119,500.
- Short Sale Closings are down -41.7%, with a median sales price of
$120,000.
A quick recap of the Brevard County Townhouses/Condos for
April 2017 compared to April 2016:
- Closed Sales are down -8.2% for April 2017 in which the number of
units closed was 236 compared to 257 in April 2016,
with a decrease in cash sales of -5.8% compared to
April 2016.
- New Pending Sales are up 4.8% and New Listings are down -0.3%.
- Median Sales Price for Townhomes/Condos is
up 14.3% to
$160,000 compared to a year ago, which was $140,000.
- Months Supply of Inventory is down -11.9% to 3.7 months compared to 4.2
months in April 2016.
- Traditional Sales are down -3.7%, with a median sales price of $160,000.
- Foreclosure/REO Sales are down -84.6%, with a median sales price of $53,000.
- Short Sale Closings are down -50%, with a median sale price of $39,000.
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