 A quick recap of the Brevard County, FL Residential Report for
March 2018:
- Closed Sales
are up 2.9% for
March 2018 in which the number of units closed was 935 compared to
909 in March 2017, with a decrease in cash sales of -14.7% compared
to March 2017.
- New Pending
Sales are up 0.6% and
New Listings are up 7.1%.
- The Median
Sales Price for Brevard Single Family homes is up 18.6% to $230,000 compared to a year ago, which was
$194,000.
- Months Supply
of Inventory is up 12% to
2.8 months, an increase from 2.5 months in 2018.
- Traditional
Sales are up 6.5%, with
a median sales price of $230,000.
- Foreclosure/REO
Sales are down -59.6%, with
a median sales price of $240,000.
- Short Sale
Closings are down -28.6%, with a median sales price of $219,000.
A quick recap of the Brevard County, FL Townhouses/Condos for
March 2018:
- Closed Sales
are up 24.4% for
March 2018 in which the number of units closed was 316 compared
to 254 in March 2017, with an increase in cash sales of
12.6% compared to March 2017.
- New Pending
Sales are up 5.8 % and
New Listings are up 15.5%.
- Median Sales
Price for Townhomes/Condos is up 6.7% to $160,000 compared to a year ago, which
was $150,000.
- Months Supply
of Inventory has decreased to
3.5 months in March 2018 from 3.6 months in March 2017.
- Traditional Sales
are up 26.5%, with a
median sales price of $160,000.
- Foreclosure/REO
Sales are down -44.4% with
a median sales price of $105,018.
- Short Sale
Closing statistics are not available, as there were no shortsales in March 2017
and one in March 2018.
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A quick recap of the Brevard County, FL Residential Report for
March 2018:
