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Information obtained from the Space Coast Association of Realtors
A quick recap of the
Brevard County Residential Report for September 2020:
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Closed Sales are up +29.3% for September 2020 in which the number of units closed was
1,002 compared to 775 in September 2019, with an increase in cash
sales of +28.6% compared to September 2019.
·
New Pending Sales are up +35.2% and New Listings are up +10.0%.
·
The Median Sales Price for Brevard Single Family homes is up
+8.3% to $260,000
compared to a year ago, which was $240,000.
·
Months Supply of Inventory is down -42.9% to 1.6 months, a decrease from 2.8
months in September 2019.
·
Traditional Sales are up +30.7%, with a median sales price of $260,000.
·
Foreclosure/REO Sales are down -50.0%, with 7 sales and a median sales price of
$254,900.
·
Short Sale Closings are up +100.0% with 2 closed sales, and a median
sales price of $142,250.
A quick recap of the
Brevard County Townhouses/Condos for September 2020:
·
Closed Sales are up +25.1% for September 2020 in which the number of units closed
was 274 compared to 219 in September 2019, with an increase in cash
sales of +55.3% compared to September 2019.
·
New Pending Sales are up +23.8% and New Listings are up +16.6%.
·
Median Sales Price for Townhomes/Condos is down -5.0% to $190,000 compared to a year ago, which
was $199,990.
·
Months Supply of Inventory is down -26.5% to 2.5 months in September 2020 from
3.4 months in September 2019.
·
Traditional Sales are up +25.2%, with a median sales price of
$190,000.
·
Foreclosure/REO Sales are down -100.0%, with 0 closed sales compared to 1 closed
sale in September 2019.
·
Short Sale Closings are up +100.0% with 1 closed sale in September
2020 compared to 0 closed sales in September 2019.
JoAnn Young, Licensed Sales Associate Young & Young Properties Serving Brevard County since 1996 321-243-4917 JoAnn@MyFLDreamHome.com
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