MLS Statistics for August 2019
provided by the Space Coast Association of Realtors
A quick recap of the Brevard County Residential Report for
August 2019:
- Closed Sales are
down -2.7% for August
2019 in which the number of units closed was 943 compared to 969 in August
2018, with a decrease
in cash sales of -10.9% compared to August 2018.
- New Pending
Sales are down -1.0% and
New Listings are down -19.1%.
- The Median Sales
Price for Brevard Single Family homes is down -0.4% to $234,000 compared to a year ago, which
was $235,000.
- Months Supply of
Inventory is down -15.2% to
2.8 months, a decrease from 3.3 months in August 2018.
- Traditional
Sales are down -2.2%, with
a median sales price of $236,490.
- Foreclosure/REO
Sales are down -26.1%, with
17 sales and a median sales price of $126,300.
- Short Sale
Closings are down -33.3% with
4 closed sale in August 2019 compared to 3 sales in August 2018.
A quick recap of the Brevard County Townhouses/Condos for August
2019:
- Closed Sales are
up to +7.3% for August
2019 in which the number of units closed was 263 compared to 245 in August
2018, with an
increase in cash sales of +1.7% compared to August 2018.
- New Pending
Sales are up +4.3% and
New Listings are down -16.0%.
- Median Sales
Price for Townhomes/Condos is up +2.8% to $185,000 compared to a year ago, which was
$180,000.
- Months Supply of
Inventory remained unchanged at +0.0% to 3.5 months in August 2019 from 3.5
months in August 2018.
- Traditional
Sales are up +7.9%, with
a median sales price of $185,500.
- Foreclosure/REO
Sales are down -33.3%, with
2 sales and a median sales price of $155,000.
- Short Sale
Closings are unchanged at +0.0% with 1 closed sales in August 2019 compared to 1 sales in
August 2018.
JoAnn Young, Florida Realtor, 321-243-4917
