Tuesday, November 21, 2017

October 2017 Brevard Housing / MLS Statistics

Brevard County, Florida MLS statisitcs provided by the Space Coast Association of Realtors


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.