Brevard County Residential Report for October 2017:
- Closed Sales are down -2.8% for October 2017 in which
the number of units closed was 694 compared to 714 in October
2016, with a decrease in cash sales of -14% compared to October
2016.
- New Pending Sales are up 33.2% and New Listings are up
15.3%.
- The Median Sales Price for
Brevard Single Family homes is up 2.6% to $195,000 compared to a year
ago, which was $190,000.
- Months Supply of Inventory is up
12.5% to 2.7 months, an increase from 2.4 months in 2016.
- Traditional Sales are down -2%, with a median sales price
of $200,000.
- Foreclosure/REO Sales are down
-9.5%, with a median sales price of $120,500.
- Short Sale Closings are down
-33.3%, with a median sales price of $165,000.
Brevard County Townhouses/Condos for October 2017:
- Closed Sales are up 5.5% for October 2017 in which
the number of units closed was 193 compared to 183 in
October 2016, with an increase in cash sales of 7.5%
compared to October 2016.
- New Pending Sales are up 51.8% and New Listings are up 18.7%.
- Median Sales Price for
Townhomes/Condos is up 8.8% to $160,000 compared to a
year ago, which was $147,000.
- Months Supply of Inventory did not
change. It was 3.4 months in October 2016 and October 2017.
- Traditional Sales are up 7%, with a median sales price
of $160,000.
- Foreclosure/REO Sales decreased -20% with a median sales price
of $125,163.
- Short Sale Closings saw no change in
closed sales, and had a median sales price of $64,000
in October 2017.
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