Data provided by the Space Coast Association of Realtors
A quick recap of the Brevard County Residential Report for Q2
2020:
- Closed Sales are
down -16.1% for Q2 2020 in
which the number of units closed was 2,533 compared to 3,018 in Q2 2019,
with a decrease
in cash sales of -35.0% compared to Q2 2019.
- New Pending Sales
are up +2.5% and New
Listings are down -6.0%.
- The Median Sales
Price for Brevard Single Family homes is up +5.7% to $255,000 compared to a year ago, which was
$241,250.
- Months Supply of
Inventory is down -27.6% to
2.1 months, a decrease from 2.9 months in Q2 2019.
- Traditional
Sales are down -15.4%, with
a median sales price of $256,690.
- Foreclosure/REO
Sales are down -41.8%, with
39 sales and a median sales price of $159,950.
- Short Sale
Closings are down -37.5% with
5 closed sale, and a median sales price of $158,000.
A quick recap of the Brevard County Townhouses/Condos for Q2
2020:
- Closed Sales are
down -26.3% for Q2
2020 in which the number of units closed was 584 compared to 792 in Q2
2019, with a decrease
in cash sales of -27.2% compared to Q2 2019.
- New Pending
Sales are down -10.6% and
New Listings are down -21.7%.
- Median Sales
Price for Townhomes/Condos is up +7.3% to $203,000 compared to a year ago, which was
$189,125.
- Months Supply of
Inventory is down -20.5% to
3.1 months in Q2 2020 from 3.9 months in Q2 2019.
- Traditional
Sales are down -26.0%, with
a median sales price of $205,000.
- Foreclosure/REO
Sales are down -40.0%, with
6 closed sales and a median sales price of $105,000.
- Short Sale
Closings are down -100.0% with 0 closed sales in Q2 2020 compared to 1 closed sale in Q2
2020.
JoAnn Young, Licensed Realtor, 321-243-4917
Serving Brevard County in Real Estate and Finance since 1996
