A quick recap of the Brevard County Residential Report for April
2019:
- Closed Sales are
up 10% for April 2019
in which the number of units closed was 998 compared to 907 in 2018,
with an increase in cash sales of 14.3% compared to April 2018.
- New Pending
Sales are up 10.7% and
New Listings are down -5.9%.
- The Median Sales
Price for Brevard Single Family homes is up 4.6% to $238,000 compared to a year ago, which was $227,500.
- Months Supply of
Inventory is up 6.9% to
3.1 months, an increase from 2.9 months in April 2018.
- Traditional
Sales are up 8.2%, with
a median sales price of $240,000.
- Foreclosure/REO
Sales are up 121.4% with
31 sales and a median sales price of $179,900.
- Short Sale
Closings are down -50%, with
3 sales and a median sales price of $150,000.
A quick recap of the Brevard County Townhouses/Condos for April
2019:
- Closed Sales are
up 0.4% for April 2019
in which the number of units closed
was 256 compared to 255 in 2018, witha decrease in cash sales of -12.1% compared to April 2018. - New Pending
Sales are down -9.1% and
New Listings are down -10.4%.
- Median Sales
Price for Townhomes/Condos is down -8.7% to $173,500 compared to a year ago, which
was $190,000.
- Months Supply of
Inventory is up 11.4% to
3.9 months in April 2019 from 3.5 months in April 2018.
- Traditional
Sales are up 1.2%, with
a median sales price of $175,000.
- Foreclosure/REO
Sales are down -50% with
2 sales and a median sales price of $91,013.
- Short Sale
Closings did not occur.
There were no short sales in April 2018 or April 2019.
Call JoAnn Young for your Real Estate needs: 321-243-4917
