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A quick recap of the
Brevard County Residential Report for March 2021:
·
Closed Sales are up +13.9% for March 2021 in which the number of units closed was
1122 compared to 985 in March 2020, with an increase in cash sales
of +41.0%.
·
New Pending Sales are up +29.7% and New Listings are down -10.0%.
·
The Median Sales Price for Brevard Single Family homes is up
+7.9% to $280,000
compared to a year ago, which was $259,571.
·
Months Supply of Inventory is down -66.7% to 0.9 months, a decrease from 2.7
months in March 2020.
·
Traditional Sales are up +15.5%, with a median sales price of $280,000.
·
Foreclosure/REO Sales are down -75.0%, with 4 closed sales and a median sales
price of $168,000.
·
Short Sale Closings are down -50.0% with 1 closed sales and a median sales price
of $215,000.
A quick recap of the
Brevard County Townhouses/Condos for March 2021:
·
Closed Sales are up +31.6% for March 2021 in which the number of units closed was
371 compared to 282 in March 2020, with an increase in cash sales of
+35.6%.
·
New Pending Sales are up +97.1% and New Listings are up +14.1%.
·
Median Sales Price for Townhomes/Condos is up +7.3% to $220,000 compared to a year ago, which
was $205,000.
·
Months Supply of Inventory is down -62.9% to 1.3 months in March 2021 from 3.5
months in March 2020.
·
Traditional Sales are up +32.0%, with a median sales price of
$220,000.
·
Foreclosure/REO Sales are down with 0 closed sales compared to 1 closed
sales in March 2020.
·
Short Sale Closings are unchanged with 0 closed sales in March 2021 and 0
closed sales in March 2020.
JoAnn Young, Young & Young Properties 321-243-4917 JoAnn@MyFLDreamHome.com
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