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From the Space Coast Association of Realtors and Florida Realtors:
A quick recap of the
Brevard County Residential Report for December 2020:
·
Closed Sales are up +15.8% for December 2020 in which the number of units closed was
1,034 compared to 893 in December 2019, with an increase in cash
sales of +21.4% compared to December 2019.
·
New Pending Sales are up +19.5% and New Listings are up +8.9%.
·
The Median Sales Price for Brevard Single Family homes is up
+8.9% to $270,000
compared to a year ago, which was $248,000.
·
Months Supply of Inventory is down -46.2% to 1.4 months, a decrease from 2.6
months in December 2019.
·
Traditional Sales are up +17.5%, with a median sales price of $271,000.
·
Foreclosure/REO Sales are down -66.7%, with 7 closed sales and a median sales price
of $209,900.
·
Short Sale Closings are up with 2 closed sales and a median sales price of $328,050
compared to 0 closed sales in December 2019.
A quick recap of the
Brevard County Townhouses/Condos for December 2020:
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Closed Sales are up +3.6% for December 2020 in which the number of units closed
was 261 compared to 252 in December 2019, with an increase in cash sales
of +16.9% compared to December 2019.
·
New Pending Sales are up +33.9% and New Listings are down -1.7%.
·
Median Sales Price for Townhomes/Condos is up +16.2% to $223,000 compared to a year ago, which
was $191,850.
·
Months Supply of Inventory is down -28.1% to 2.3 months in December 2020 from
3.2 months in December 2019.
·
Traditional Sales are up +4.4%, with a median sales price of $223,000.
·
Foreclosure/REO Sales are down -100.0%, with 0 closed sale compared to 2 closed
sale in December 2019.
·
Short Sale Closings are unchanged with 0 closed sales in December 2020
and 0 closed sales in December 2019. JoAnn Young, Young & Young Properties JoAnn@MyFLDreamHome.com 321-243-4917
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