Results provided by the Space Coast Association of Realtors
A quick recap of the Brevard County Residential Report for
November 2019:
- Closed Sales are
up +17.9% for November
2019 in which the number of units closed was 805 compared to 683 in
November 2018, with an increase
in cash sales of +13.3% compared to November 2018.
- New Pending
Sales are up +22.8% and
New Listings are up +1.2%.
- The Median Sales
Price for Brevard Single Family homes is up +6.5% to $240,000 compared to a year ago, which was
$225,295.
- Months Supply of
Inventory is down -20.0% to
2.8 months, a decrease from 3.5 months in November 2018.
- Traditional
Sales are up +18.8%, with
a median sales price of $242,425.
- Foreclosure/REO
Sales are down -4.8%, with
20 sales and a median sales price of $173,500.
- Short Sale
Closings are down -100.0% with
0 closed sale in November 2019 compared to 1 sale in November 2018.
A quick recap of the Brevard County Townhouses/Condos for
November 2019:
- Closed Sales are
up +9.4% for November
2019 in which the number of units closed was 210 compared to 192 in
November 2018, with
a decrease in cash sales of -15.6% compared to November
2018.
- New Pending
Sales are up +32.6% and
New Listings are up +0.7%.
- Median Sales
Price for Townhomes/Condos is up +18.0% to $195,000 compared to a year ago, which was
$165,250.
- Months Supply of
Inventory is down -10.5% to
3.4 months in November 2019 from 3.8 months in November 2018.
- Traditional
Sales are up +13.1%, with
a median sales price of $195,000.
- Foreclosure/REO
Sales are down -62.5%, with
3 sales and a median sales price of $120,000.
- Short Sale
Closings are down -100.0% with
0 closed sales in November 2019 compared to 1 closed sales in November
2018.
~Realtor JoAnn Young, Young & Young Properties 321-243-4917
