Brevard County, Florida MLS Housing Statistics May 2018
provided by Space Coast Association of Realtors
JoAnn Young, Young & Young Properties 321-243-4917
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A quick recap of the Brevard County Residential Report for
May 2018:
- Closed Sales
are down -4.5% for
May 2018 in which the number of units closed was 943 compared to
987 in May 2017, with a decrease in cash sales of -13.2% compared
to May 2017.
- New Pending
Sales are up 0.4% and
New Listings are up 11.1%.
- The Median
Sales Price for Brevard Single Family homes is up 6.6% to $225,000 compared to a year ago, which
was $211,000.
- Months
Supply of Inventory is up 19.2% to 3.1 months, an increase from 2.6 months in 2017.
- Traditional
Sales are down -1.3%, with
a median sales price of $225,000.
- Foreclosure/REO
Sales are down -65%, with
a median sales price of $154,400.
- Short Sale
Closings are down -54.5%, with a median sales price of $186,000.
A quick recap of the Brevard County Townhouses/Condos for
May 2018:
- Closed Sales
are up 11.9% for
May 2018 in which the number of units closed was 302 compared
to 270 in May 2017, with an increase in cash sales of
7.9% compared to May 2017.
- New Pending
Sales are down -3.9 % and New Listings are up 13.8%.
- Median Sales
Price for Townhomes/Condos is up 10.7% to $179,950 compared to a year ago,
which was $162,500.
- Months Supply
of Inventory has decreased to
3.5 months in May 2018 from 3.6 months in May 2017.
- Traditional
Sales are up 16.7%, with
a median sales price of $180,000.
- Foreclosure/REO
Sales are down -91.7% with
a median sales price of $55,000.
- Short Sale
Closing statistics did not change, as there were no short sales in May
2017 or May 2018.
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