Information derived from the Space Coast Area Association of Realtors:
Provided by Realtor, JoAnn Young, Young & Young Properties
MLS report of
the Brevard County Residential Report for Q2 2017:
- Closed Sales are down -1.6% for Q2 2017 in which the number
of units closed was 2,825 compared to 2,872 in Q2 2016,
with a decrease in cash sales of -20.6% compared to
Q2 2016.
- New Pending Sales are up
8.7% and
New Listings are up 5%.
- 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
stayed the same at 2.7 months.
- Traditonal Sales are up 2.4%, with a median sales price of
$215,000
- Foreclosure/REO Sales are
down -46.9%, with
a median sales price of $123,000.
- Short Sale Closings are
down -26.3%, with
a median sales price of $132,500.
A quick recap of
the Brevard County Townhouses/Condos for Q2 2017:
- Closed Sales are down -3.1% for Q2 2017 in which the number
of units closed was 762 compared to 786 in Q2
2016, with a decrease in cash sales of -6.9%
compared to Q2 2016.
- New Pending Sales are up
9.4% and
New Listings are up 2.5%.
- Median Sales Price for
Townhomes/Condos is up 9.6% to $160,000 compared to a
year ago, which was $146,000.
- Months Supply of Inventory
is down -10.5% to 3.4
months compared to 3.8 months in Q2 2016.
- Traditional Sales are up
0.1%, with
a median sales price of $160,000.
- Foreclosure/REO Sales are
down -51.4% with
a median sales price of $127,000.
- Short Sale Closings are down
-85.7%, with
a median sales price of 39,000 for Q2 2017.
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