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A quick recap of the
Brevard County Residential Report for July 2022:
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Closed Sales are down -16.5% for July 2022 in which the number of units closed was 890
compared to 1,066 in July 2021, with a decrease in cash sales of
-6.6%.
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New Pending Sales are down -12.2% and New Listings are up 6.1%.
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The Median Sales Price for Brevard Single Family homes is up
13.1% to $369,900
compared to a year ago, which was $327,032.
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Months' Supply of Inventory is up 72.7% to 1.9 months, from 1.1 months in July
2021.
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Traditional Sales are down -15.8% with a median sales price of $369,950.
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Foreclosure/REO Sales are down -83.3% with 2 closed sales and a median sales
price of $139,000.
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Short Sale Closings are N/A with 1 closed sale and a median sales price of $148,800.
A quick recap of the
Brevard County Townhouses/Condos for July 2022:
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Closed Sales are down -22.7% for July 2022 in which the number of units closed was
204 compared to 264 in July 2021, with an decrease in cash sales of
-29.3%.
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New Pending Sales are down -5.4% and New Listings are up 2.0%.
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Median Sales Price for Townhomes/Condos is up 26.0% to $302,450 compared to a year ago, which
was $240,038.
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Months' Supply of Inventory is up 28.6% to 1.8 months in July 2022 from 1.4
months in July 2021.
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Traditional Sales are down -22.8% with a median sales price of $304,900.
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Foreclosure/REO Sales are 0.0% with a median sales price of $265,00 and 1
closed sale.
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Short Sale Closings are N/A with 0 closed sales in July 2022 and 0 closed sales in July
2021.
JoAnn Young Young & Young Properties 321-243-4917 JoAnn@MyFLDreamHome.com
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