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A quick recap of
the Brevard County Single-Family Report for July 2021:
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Closed
Sales are down -13.3%
for July 2021 in which the number of units closed was 1,043 compared to
1,203 in July 2020, with an increase in cash sales of +17.4%.
·
New
Pending Sales are down -6.5% and New Listings are up +12.2%.
·
The
Median Sales Price for Brevard Single Family homes is up +20.9% to $322,000 compared to a year ago, which
was $266,235.
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Months
Supply of Inventory is down -45.0% to 1.1 months, a decrease from 2.0 months in July
2020.
·
Traditional
Sales are down -12.4%,
with a median sales price of $325,000.
·
Foreclosure/REO
Sales are down -61.9%,
with 8 closed sales and a median sales price of $257,000.
·
Short
Sale Closings are down -25.0% with 3 closed sales in July 2021 and 4 Closed sales in July
2020.
A quick recap of
the Brevard County Townhouses & Condos Report for July 2021:
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Closed
Sales are down -22.3% for
July 2021 in which the number of units closed was 251 compared to 323 in
July 2020, with an decrease in cash sales of -10.9%.
·
New
Pending Sales are down -16.1% and New Listings are up +21.7%.
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Median
Sales Price for Townhouses & Condos is up +9.3% to $235,000 compared to a year ago, which
was $215,000.
·
Months
Supply of Inventory is down -51.7% to 1.4 months in July 2021 from 2.9 months in July
2020.
·
Traditional
Sales are down -22.0%, with
a median sales price of $235,000.
·
Foreclosure/REO
Sales are down -100.0%,
with 0 closed sales and a median sales price of $0.
·
Short
Sale Closings are unchanged with 0 closed sales in July 2021 and 0 closed sales in July
2020.
JoAnn Young Young & Young Properties, 321.243.4917 JoAnn@MyFLDreamHome.com  JoAnn's Facebook Page
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