From the Space Coast Board of Realtors
A quick recap of the Brevard County Residential Report for
December 2019:
- Closed Sales are
up +19.2% for December
2019 in which the number of units closed was 893 compared to 749 in
December 2018, with a decrease
in cash sales of -4.5% compared to December 2018.
- New Pending
Sales are up +12.4% and
New Listings are up +7.1%.
- The Median Sales
Price for Brevard Single Family homes is up +8.3% to $248,000 compared to a year ago, which was
$229,000.
- Months Supply of
Inventory is down -23.5% to
2.6 months, a decrease from 3.4 months in December 2018.
- Traditional
Sales are up +22.8%, with
a median sales price of $249,000.
- Foreclosure/REO
Sales are down -41.7%, with
21 sales and a median sales price of $158,000.
- Short Sale Closings
are down -100.0% with
0 closed sale in December 2019 compared to 3 sale in December 2018.
A quick recap of the Brevard County Townhouses/Condos for
December 2019:
- Closed Sales are
up +31.3% for December
2019 in which the number of units closed was 252 compared to 192 in
December 2018, with an
increase in cash sales of +1.1% compared to November 2018.
- New Pending
Sales are up +15.2% and
New Listings are up +8.5%.
- Median Sales
Price for Townhomes/Condos is up +3.7% to $191,850 compared to a year ago, which was
$185,000.
- Months Supply of
Inventory is down -15.8% to
3.2 months in December 2019 from 3.8 months in December 2018.
- Traditional
Sales are up +33.0%, with
a median sales price of $194,350.
- Foreclosure/REO
Sales are down -50.0%, with
2 sales and a median sales price of $78,075.
- Short Sale
Closings are unchanged with
0 closed sales in December 2019 compared to 0 closed sales in December
2018.
JoAnn Young, Young & Young Properties, 321-243-4917
