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A quick recap of
the Brevard County Single-Family Report for August 2021:
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Closed
Sales are up +7.9% for
August 2021 in which the number of units closed was 1,069 compared to 991
in August 2020, with an increase in cash sales of +61.9%.
·
New
Pending Sales are up +3.2% and New Listings are up +23.5%.
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The
Median Sales Price for Brevard Single Family homes is up +21.0% to $325,000 compared to a year ago,
which was $268,500.
·
Months’
Supply of Inventory is down -38.9% to 1.1 months, a decrease from 1.8 months
in August 2020.
·
Traditional
Sales are up +8.4%,
with a median sales price of $325,000.
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Foreclosure/REO
Sales are down -33.3%,
with 8 closed sales and a median sales price of $245,080.
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Short
Sale Closings are 0.0% with 2 closed sales in August 2021 and 2 closed sales in
August 2020.
A quick recap of
the Brevard County Townhouses & Condos Report for August 2021:
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Closed
Sales are up +11.1%
for August 2021 in which the number of units closed was 300 compared to 270
in August 2020, with an increase in cash sales of +21.4%.
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New
Pending Sales are down -10.7% and New Listings are down -2.8%.
·
Median
Sales Price for Townhouses & Condos is up +17.6% to $261,868 compared to a year ago,
which was $222,750.
·
Months’
Supply of Inventory is down -48.1% to 1.4 months in August 2021 from 2.7 months in August
2020.
·
Traditional
Sales are up +10.8%, with
a median sales price of $263,660.
·
Foreclosure/REO
Sales are N/A, with 1 closed
sale and a median sales price of $170,000.
·
Short
Sale Closings are 0.0% with 1 closed sale in August 2021 and 1 closed sale in
August 2020.
JoAnn Young - Licensed Real Estate Sales Associate Young & Young Properties 321-243-4917
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