Wednesday, November 17, 2021

3rd quarter 2021 MLS statistics for Brevard County FL

3rd quarter MLS statisitics provided by the Space Coast Association of Realtors

You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.

 

A quick recap of the Brevard County Residential Report for Q3 2021:

 

·    Closed Sales are down -2.4% for Q3 2021 in which the number of units closed was 3,118 compared to 3,196 in Q3 2020, with an increase in cash sales of 34.5%.

·    New Pending Sales are up +0.9% and New Listings are up +14.1%.

·    The Median Sales Price for Brevard Single Family homes is up +20.8% to $320,000 compared to a year ago, which was $264,908.

·    Months Supply of Inventory is down -37.5% to 1.0 months, a decrease from 1.6 months in Q3 2020.

·    Traditional Sales are down -1.8% with a median sales price of $320,000.

·    Foreclosure/REO Sales are down -47.5% with 21 closed sales and a median sales price of $256,500.

·    Short Sale Closings are

·    down -37.5% with 5 closed sales and a median sales price of $260,000.

 

A quick recap of the Brevard County Townhouses/Condos for Q3 2021:

 

·    Closed Sales are down -8.1% for Q3 2021 in which the number of units closed was 797 compared to 867 in Q3 2020, with an increase in cash sales of +1.6%.

·    New Pending Sales are down -8.1% and New Listings are up +7.1%.

·    Median Sales Price for Townhomes/Condos is up +17% to $245,788 compared to a year ago, which was $210,000.

·    Months Supply of Inventory is down -44.0% to 1.4 months in Q3 2021 from 2.5 months in Q3 2020.

·    Traditional Sales are down -8.1% with a median sales price of $247,490.

·    Foreclosure/REO Sales are up 100% with a median sales price of $138,550.

·    Short Sale Closings are down -50% with 1 closed sale in Q3 2021 and 2 closed sales in Q3 2020.


JoAnn Young - Licensed Sales Associate

Young & Young Properties

321-243-4917