Friday, March 30, 2018

February 2018 MLS Statistics for Brevard County

 MLS Statistics for Brevard County, FL
From the Space Coast Associaiton of Realtors

MLS Statistics - February 2018


A quick recap of the Brevard County Residential Report for February 2018:
  • Closed Sales are up 6.9% for February 2018 in which the number of units closed was 694 compared to 649 in February 2017, with a decrease in cash sales of -8.1% compared to February 2017.
  • New Pending Sales are up 2.7% and New Listings are up 9.1%.
  • The Median Sales Price for Brevard Single Family homes is up 12.2% to $230,000 compared to a year ago, which was $205,000.
  • Months Supply of Inventory is up 8% to 2.7 months, an increase from 2.5 months in 2017.
  • Traditional Sales are up 10.2%, with a median sales price of $232,000.
  • Foreclosure/REO Sales are down -38.7%, with a median sales price of $159,500.
  • Short Sale Closings are down -55.6%, with a median sales price of $203,500. 
A quick recap of the Brevard County Townhouses/Condos for February 2018:
  • Closed Sales are up 21.6% for February 2018 in which the number of units closed was 225 compared to 185 in February 2017, with an increase in cash sales of 26.6% compared to February 2017.
  • New Pending Sales are up 32.9% and New Listings are up 3.9%.
  • Median Sales Price for Townhomes/Condos is up 11.9% to $156,500 compared to a year ago, which was $139,900.
  • Months Supply of Inventory has decreased to 3.7 months in February 2018 from 3.9 months in February 2017.
  • Traditional Sales are up 24.4%, with a median sales price of $157,000.
  • Foreclosure/REO Sales are down -50% with a median sales price of $172,500. 
  • Short Sale Closing statistics are up 100%, with two sales in February 2018 with a median sales price of $146,000 and one sale in February 2017.