July 2017 MLS statistics provided by the Space Coast Association of Realtors
Posted by JoAnn Young - Brevard County, Florida Realtor
A quick recap of the Brevard County Residential Report for July
2017:
- Closed Sales are
down -1.7% for July
2017 in which the number of units closed was 874 compared to 889 in
July 2016, with a decrease in cash sales of -9.9% compared to
July 2016.
- New Pending Sales
are up 3.3% and New
Listings are up 26.5%.
- The Median Sales
Price for Brevard Single Family homes is up 12.2% to $220,000 compared to a year ago, which was
$196,000.
- Months Supply of
Inventory is up 7.7% to 2.8
months, up from 2.6 months in 2016.
- Traditonal Sales
are up 1.1%, with a
median sales price of $222,000
- Foreclosure/REO
Sales are down -45.3%, with
a median sales price of $144,800.
- Short Sale
Closings are down -9.7%, with
a median sales price of $158,000.
A quick recap of the Brevard County Townhouses/Condos for July
2017:
- Closed Sales are
up 18% for July 2017
in which the number of units closed
was 223 compared to 189 in July 2016, withan increase in cash sales of 12% compared to July 2016. - New Pending
Sales are down -5% and
New Listings are up 16.5%.
- Median Sales
Price for Townhomes/Condos is up 15% to $161,000 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 July 2016.
- Traditional
Sales are up 21.5%, with
a median sales price of $164,900.
- Foreclosure/REO
Sales saw no change with
a median sales price of $64,000.
- Short Sale
Closings are down -100%, with
no sales in July 2017.
