Data provided by the Space Coast Association of Realtors
A quick recap of the Brevard County Residential Report for June 2022:
· Closed Sales are down -8.6% for June 2022 in which the number of units closed was 1,103 compared to 1,207 in June 2021, with an increase in cash sales of 4.5%.
· New Pending Sales are down -8.6% and New Listings are up 18.9%.
· The Median Sales Price for Brevard Single Family homes is up 16.2% to $367,525 compared to a year ago, which was $316,400.
· Months' Supply of Inventory is up 66.7% to 1.5 months, from 0.9 months in June 2021.
· Traditional Sales are down -8.3% with a median sales price of $368,140.
· Foreclosure/REO Sales are down -55.6% with 4 closed sales and a median sales price of
$213,375.
· Short Sale Closings are N/A with 1 closed sale and a median sales price of
$420,000.
A quick recap of the
Brevard County Townhouses/Condos for June 2022:
· Closed Sales are down -14.5% for June 2022 in which the number of units
closed was 282 compared to 330 in June 2021, with an decrease in cash sales
of -7.9%.
· New Pending Sales are down -27.8% and New Listings are down -5.6%.
· Median Sales Price for Townhomes/Condos is up
22.1% to $285,00 compared to
a year ago, which was $233,500.
· Months' Supply of Inventory is up 25.0% to 1.5 months in June 2022 from 1.2 months
in June 2021.
· Traditional Sales are down -14.1% with a median sales price of $285,000.
· Foreclosure/REO Sales are down -50.0% with a median sales price $107,000 and 1 closed
sale.
