 Information provide by the Space Coast Area Association of Realtors
Posted by Realtor JoAnn Young,
Young & Young Properties - 321-243-4917
A quick recap of the Brevard County Residential Report for
June 2017:
- Closed Sales stayed the same for June 2017 in which the number of
units closed was 1033 compared to 1033 in June 2016, with a
decrease in cash sales of -21.6% compared to June 2016.
- New Pending Sales are up 1.6% and New Listings are up 4.6%.
- The Median Sales Price for Brevard Single
Family homes is up 15.8%
to $220,000 compared to a year ago, which was $189,925.
- Months Supply of Inventory is stayed the
same at 2.7 months
compared to 2.7 months in June 2016.
- Traditonal Sales are up 3.1%, with a median sales price of $222,825.
- Foreclosure/REO Sales are down -45.2%, with a median sales price of $149,125.
- Short Sale Closings are down -16.7%, with a median sales price of
$135,000.
A quick recap of the Brevard County Townhouses/Condos for
June 2017 compared to June 2016:
- Closed Sales are down -3.0% for June 2017 in which the number of
units closed was 256 compared to 264 in June 2016,
with a decrease in cash sales of -6.4% compared to
June 2016.
- New Pending Sales are up 7.9% and New Listings are down -9.6%.
- 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 -10.5% to 3.4 months compared to 3.8
months in June 2016.
- Traditional Sales are up 0.4%, with a median sales price of $156,000.
- Foreclosure/REO Sales are down 66.7% and the median sales price was
$94,200.
- Short Sale Closings are down -100%, as there were no short sale closings
in June of 2017.
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