Information derived from the Space Coast Association of Realtors:
A quick recap of the Brevard County Residential Report for April
2018:
- Closed Sales are
up 12.7% for April
2018 in which the number of units closed was 907 compared to 805 in
April 2017, with a decrease in cash sales of -6.7% compared to
April2017.
- New Pending
Sales are down -0.7% and
New Listings are up 7.7%.
- The Median Sales
Price for Brevard Single Family homes is up 11.2% to $227,500 compared to a year ago, which was
$204,655.
- Months Supply of
Inventory is up 16% to 2.9
months, an increase from 2.5 months in 2017.
- Traditional
Sales are up 17.4%, with
a median sales price of $228,000.
- Foreclosure/REO
Sales are down -64.1%, with
a median sales price of $138,750.
- Short Sale
Closings are down -71.4%, with
a median sales price of $133,250.
A quick recap of the Brevard County Townhouses/Condos for April
2018:
- Closed Sales are
up 7.2% for April 2018
in which the number of units closed
was 253 compared to 236 in April 2017, withan increase in cash sales of 0.8% compared to April 2017. - New Pending
Sales are up 15.5 % and
New Listings are up 6.8%.
- Median Sales
Price for Townhomes/Condos is up 18.8% to $190,000 compared to a year ago, which
was $160,000.
- Months Supply of
Inventory has decreased to
3.5 months in April 2018 from 3.7 months in April 2017.
- Traditional
Sales are up 6.9%, with
a median sales price of $192,000.
- Foreclosure/REO
Sales are up 100% with
a median sales price of $98,000.
- Short Sale
Closing statistics are down -100%, as there were no short sales in April 2018 and one in April
2017.
