Data provided by the Space Coast Association of Realtors, Brevard County, FL
A quick recap of the Brevard County Residential Report for June
2020:
- Closed Sales are
up +13.6% for June
2020 in which the number of units closed was 1,050 compared to 924 in June
2019, with a decrease
in cash sales of -1.7% compared to June 2019.
- New Pending
Sales are up +30.6% and
New Listings are down -2.8%.
- The Median Sales
Price for Brevard Single Family homes is up +4.8% to $260,000 compared to a year ago, which was
$248,000.
- Months Supply of
Inventory is down -27.6% to
2.1 months, a decrease from 2.9 months in June 2019.
- Traditional
Sales are up +12.6%, with
a median sales price of $262,750.
- Foreclosure/REO
Sales are up +88.9%, with
17 sales and a median sales price of $157,500.
- Short Sale
Closings are up +300.0% with
4 closed sales in June 2020 compared to 1 closed sale in June 2019.
A quick recap of the Brevard County Townhouses/Condos for June
2020:
- Closed Sales are
down -3.3% for June 2020 in
which the number of units closed was 231 compared to 239 in June 2019,
with a increase in
cash sales of +15.0% compared to June 2019.
- New Pending
Sales are up +11.1% and
New Listings are down -22.8%.
- Median Sales
Price for Townhomes/Condos is up +8.8% to $217,500 compared to a year ago, which was
$200,000.
- Months Supply of
Inventory is down -20.5% to
3.1 months in June 2020 from 3.9 months in June 2019.
- Traditional
Sales are down -1.7%, with
a median sales price of $217,500.
- Foreclosure/REO
Sales are down -100.0%,
with 0 sales and a median sales price of $0.
- Short Sale
Closings are down -100.0% with 0 closed sales in June 2020 compared to 1 closed sale in June
2019.
JoAnn Young, Young & Young Properties 321-243-4917