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A quick recap of
the Brevard County Single-Family Report for May 2021:
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Closed
Sales are up +39.2%
for May 2021 in which the number of units closed was 997 compared to 716 in
May 2020, with an increase in cash sales of +124.4%.
·
New
Pending Sales are down -7.6% and New Listings are down -2.1%.
·
The
Median Sales Price for Brevard Single Family homes is up +16.0% to $290,000 compared to a year ago, which
was $250,000.
·
Months
Supply of Inventory is down -70.4% to 0.8 months, a decrease from 2.7 months in May
2020.
·
Traditional
Sales are up +42.0%,
with a median sales price of $290,000.
·
Foreclosure/REO
Sales are down -81.3%,
with 3 closed sales and a median sales price of $212,000.
·
Short
Sale Closings are unchanged with 0 closed sales in May 2021 and 0 Closed sales in May
2020.
A quick recap of
the Brevard County Townhouses & Condos Report for May 2021:
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Closed
Sales are up +70.7% for
May 2021 in which the number of units closed was 285 compared to 167 in May
2020, with an increase in cash sales of +93.2%.
·
New
Pending Sales are up +27.2% and New Listings are down -7.0%.
·
Median
Sales Price for Townhouses & Condos is up +36.9% to $230,000 compared to a year ago, which
was $168,000.
·
Months
Supply of Inventory is down -71.4% to 1.0 months in May 2021 from 3.5 months in May 2020.
·
Traditional
Sales are up +73.2%, with
a median sales price of $230,000.
·
Foreclosure/REO
Sales are down -66.7%,
with 1 closed sales and a median sales price of $163,000.
·
Short
Sale Closings are unchanged with 0 closed sales in May 2021 and 0 closed sales in May
2020. JoAnn Young, Realtor Young & Young Properties JoAnn@MyFLDreamHome.com Serving Brevard since 1996 321-243-4917
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