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A quick recap of the
Brevard County MLS Residential Report for
November 2021:
·
Closed Sales are up +7.3% for November 2021 in which the number of units closed
was 991 compared to 924 in November 2020, with an increase in cash
sales of 35.7%.
·
New Pending Sales are up +9.1% and New Listings are up +5.8%.
·
The Median Sales Price for Brevard Single Family homes is up
+17.6% to $323,333
compared to a year ago, which was $275,000.
·
Months Supply of Inventory is down -40.0% to 0.9 months, a decrease from 1.5
months in November 2020.
·
Traditional Sales are up +7.4% with a median sales price of $324,900.
·
Foreclosure/REO Sales are up +28.6% with 9 closed sales and a median sales
price of $188,000.
·
Short Sale Closings are down -75.0% with 1 closed sale and a median sales price
of $430,000.
A quick recap of the
Brevard County Townhouses/Condos for November 2021:
·
Closed Sales are up +4.9% for November 2021 in which the number of units closed
was 259 compared to 247 in November 2020, with an increase in cash sales
of +27.9%.
·
New Pending Sales are up +15.5% and New Listings are down -11.9%.
·
Median Sales Price for Townhomes/Condos is up +2.5% to $240,800 compared to a year ago, which
was $235,000.
·
Months Supply of Inventory is down -48.0% to 1.3 months in November 2021 from
2.5 months in November 2020.
·
Traditional Sales are up +4.5% with a median sales price of $242,000.
·
Foreclosure/REO Sales are up 100% with a median sales price of $217,500.
·
Short Sale Closings are N/A with 0 closed sales in November 2021 and 0 closed sales in
November 2020.
JoAnn Young Licensed Realtor Young & Young Properties Melbourne, FL 321-243-4917 JoAnn@MyFLdreamHome.com
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