May 2017 Statistics
Data provided by the Space Coast Association of Realtors
MLS
Statistics - May 2017
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A quick recap of the Brevard County Residential Report for
May 2017:
- Closed Sales are up 3% for May 2017 in which the number of
units closed was 987 compared to 958 in May 2016, with a
decrease in cash sales of -12% compared to May 2016.
- New Pending Sales are up 4.1% and New Listings are up 14.2%.
- The Median Sales Price for Brevard Single
Family homes is up 14.1%
to $211,000 compared to a year ago, which was $185,000.
- Months Supply of Inventory is down -3.7% at 2.6 months compared to 2.7
months in May 2016.
- Traditonal Sales are up 8.3%, with a median sales price of $215,250.
- Foreclosure/REO Sales are down -50%, with a median sales price of $132,500.
- Short Sale Closings are down -21.4%, with a median sales price of
$165,000.
A quick recap of the Brevard County Townhouses/Condos for
May 2017 compared to May 2016:
- Closed Sales are up 1.9% for May 2017 in which the number of
units closed was 270 compared to 265 in May 2016,
with a decrease in cash sales of -8.5% compared to
May 2016.
- New Pending Sales are up 15.5% and New Listings are up 18.7%.
- Median Sales Price for Townhomes/Condos is
up 16.1% to
$162,500 compared to a year ago, which was $140,000.
- Months Supply of Inventory is down -5.3% to 3.6 months compared to 3.8
months in May 2016.
- Traditional Sales are up 3.6%, with a median sales price of $161,500.
- Foreclosure/REO Sales saw no change and the median sales price was
$197,500.
- Short Sale Closings are down -100%, as there were no short sale closings
in May of 2017.
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