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From the Space Coast Association of Realtors and Florida Realtor Association:
A quick recap of the
Brevard County Residential Report for Q1 2021:
·
Closed Sales are up +17.5% for Q1 2021 in which the number of units closed was
2,677 compared to 2,279 in Q1 2020, with an increase in cash sales
of +23.7%.
·
New Pending Sales are up +14.4% and New Listings are down -8.7%.
·
The Median Sales Price for Brevard Single Family homes is up
+9.1% to $275,000
compared to a year ago, which was $252,000.
·
Months Supply of Inventory is down -66.7% to 0.9 months, a decrease from 2.7
months in Q1 2020.
·
Traditional Sales are up +19.9%, with a median sales price of $275,000.
·
Foreclosure/REO Sales are down -78.9%, with 12 closed sales and a median sales
price of $220,000.
·
Short Sale Closings are up +33.3% with 8 closed sales and a median sales price
of $220,000.
A quick recap of the
Brevard County Townhouses/Condos for Q1 2021:
·
Closed Sales are up +23.8% for Q1 2021 in which the number of units closed was 826
compared to 667 in Q1 2020, with an increase in cash sales of +30.4%.
·
New Pending Sales are up +40.5% and New Listings are up +2.0%.
·
Median Sales Price for Townhomes/Condos is up +13.5% to $219,000 compared to a year ago, which
was $193,000.
·
Months Supply of Inventory is down -62.9% to 1.3 months in Q1 2021 from 3.5
months in Q1 2020.
·
Traditional Sales are up +24.4%, with a median sales price of
$218,500.
·
Foreclosure/REO Sales are down -75.0%, with a median sales price of $580,000.
·
Short Sale Closings are unchanged with 0 closed sales in Q1 2021 and 0 closed
sales in Q1 2020.
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