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Information obtained by the Space Coast Association of Realtors.
The year-over-year
percent changes reported for some of your markets (e.g. Closed Sales,
New Listings, etc.) may be severely skewed in this month's reports, as most
markets were heavily impacted by Hurricane Irma last
September.
A quick recap of the Brevard County Residential Report for
September 2018:
- Closed Sales
are up 8.1% for
September 2018 in which the number of units closed was 749 compared
to 693 in September 2017, with an increase in cash sales of 15.7%
compared to September 2017.
- New Pending
Sales are up 47.8% and
New Listings are up 49.4%.
- The Median
Sales Price for Brevard Single Family homes is up 9.3% to $235,000 compared to a year ago, which was
$215,000.
- Months Supply
of Inventory is up 14.3% to
3.2 months, an increase from 2.8 months in 2017.
- Traditional
Sales are up 9%, with
a median sales price of $238,750.
- Foreclosure/REO
Sales are down -10.5%, with
a median sales price of $145,600.
- Short Sale
Closings are down -40%, with
a median sales price of $112,500.
A quick recap of the Brevard County Townhouses/Condos for
September 2018:
- Closed Sales
are up 12.9% for
September 2018 in which the number of units closed was 184 compared
to 163 in September 2017, with an increase in cash
sales of 23.7% compared to September 2017.
- New Pending
Sales are up 47.1% and
New Listings are up 63.3%.
- Median Sales
Price for Townhomes/Condos is up 3.7% to $169,000 compared to a year ago, which
was $163,000.
- Months Supply
of Inventory increased to
3.5 months in September 2018 from 3.4 months in September 2017.
- Traditional
Sales are up 13.9%, with
a median sales price of $171,500.
- Foreclosure/REO
Sales saw no change with
a median sales price of $85,950.
- Short Sale
Closings are down -100% with
no sales in September 2018 and one sale in September 2017.
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