September 2019 MLS Statistics for Brevard County, FL
~Data provided by the Space Coast Association of Realtors~
A quick recap of the Brevard County Residential Report for
September 2019:
- Closed Sales are
up +3.5% for September
2019 in which the number of units closed was 775 compared to 749 in
September 2018, with a decrease
in cash sales of -16.3% compared to September 2018.
- New Pending
Sales are down -1.4% and
New Listings are down -2.5%.
- The Median Sales
Price for Brevard Single Family homes is up +2.1% to $240,000 compared to a year ago, which was
$235,000.
- Months Supply of
Inventory is down -12.5% to
2.8 months, a decrease from 3.2 months in September 2018.
- Traditional
Sales are up +4.3%, with
a median sales price of $240,000.
- Foreclosure/REO
Sales are down -17.6%, with
14 sales and a median sales price of $146,000.
- Short Sale
Closings are down -66.7% with
1 closed sale in September 2019 compared to 3 sales in September 2018.
A quick recap of the Brevard County Townhouses/Condos for September
2019:
- Closed Sales are
up to +19.0% for
September 2019 in which the number of units closed was 219 compared to 184
in September 2018, with
a decrease in cash sales of -19.1% compared to September
2018.
- New Pending
Sales are down -8.4% and
New Listings are down -19.9%.
- Median Sales
Price for Townhomes/Condos is up +18.3% to $199,990 compared to a year ago, which was
$169,000.
- Months Supply of
Inventory is down -2.9% to
3.4 months in September 2019 from 3.5 months in September 2018.
- Traditional
Sales are up +21.1%, with
a median sales price of $199,745.
- Foreclosure/REO
Sales are down -75.0%, with
1 sale and a median sales price of $220,000.
- Short Sale
Closings are unchanged at +0.0% with no closed sales in September 2019 compared to no closed
sales in September 2018.
repost by Realtor JoAnn Young, Young & Young Properties