MLS Statistics for August 2017
Compiled by the Space Coast Association of Realtors
JoAnn Young, Young & Young Properties 321-243-4917 JoAnn@MyFLDreamHome.com
Brevard County Residential Report for
August 2017:
- Closed Sales are
up 9.3% for August
2017 in which the number of units closed was 961 compared to 879 in
August 2016, with an increase in cash sales of 0.4% compared to
August 2016.
- New Pending
Sales are up 2.3% and
New Listings are up 6.4%.
- The Median Sales
Price for Brevard Single Family homes is up 14.1% to $222,500 compared to a year ago, which was
$195,000.
- Months Supply of
Inventory is up 8% to 2.7
months, up from 2.5 months in 2016.
- Traditional
Sales are up 12.1%, with
a median sales price of $225,000
- Foreclosure/REO
Sales are down -26%, with
a median sales price of $127,300.
- Short Sale
Closings are down -33.3%, with
a median sales price of $225,000.
Brevard County Townhouses/Condos for August
2017:
- Closed Sales are
down -7.0% for August
2017 in which the number of units closed
was 240 compared to 258 in August 2016, witha decrease in cash sales of 23.3% compared to August 2016. - New Pending
Sales are down -0.4% and
New Listings are up 24.2%.
- Median Sales
Price for Townhomes/Condos is down -0.6% to $153,125 compared to a year ago, which
was $154,000.
- Months Supply of
Inventory did not change. It
was 3.4 months in August 2016 and August 2017.
- Traditional
Sales are down -5%, with
a median sales price of $153,125.
- Foreclosure/REO
Sales decreased -42.9 with
a median sales price of $145,000.
- Short Sale
Closings increased 204.4%, with
a median sales price of $342,250 in August 2017.
Contact JoAnn Young for all your Real Estate needs. 321-243-4917
