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Information provided by the Space Coast Association of Realtors A quick recap of the
Brevard County Residential Report for June 2023:
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Closed Sales are down -7.7% for June 2023 in which the number of units closed was
1,018 compared to 1,103 in June 2022, with an decrease in cash
sales of -13.2%.
·
New Pending Sales are down -6.6% and New Listings are down -23.7%.
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The Median Sales Price for Brevard Single Family homes is down
-0.7% to $365,000
compared to a year ago, which was $367,525.
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Months' Supply of Inventory is up 46.7% to 2.2 months, an increase from 1.5
months in June 2022.
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Traditional Sales are down -7.8% with a median sales price of $365,000.
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Foreclosure/REO Sales are up 50% with 6 closed sales and a median sales
price of $172,500.
·
Short Sale Closings are down -100.0% with 0 closed sales and a median sales price
of (no sales).
A quick recap of the
Brevard County Townhouses/Condos for June 2023:
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Closed Sales are down -12.1% for June 2023 in which the number of units closed was
248 compared to 282 in June 2022, with an decrease in cash sales of
-11.3%.
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New Pending Sales are up 2.8% and New Listings are down -15.5%.
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Median Sales Price for Townhomes/Condos is up 5.9% to $301,950 compared to a year ago,
which was $285,000.
·
Months' Supply of Inventory is up 113.3% to 3.2 months in June 2023 from 1.5
months in June 2022.
·
Traditional Sales are down -11.7% with a median sales price of $301,950.
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Foreclosure/REO Sales down -100% with a median sales price of (no
sales).
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Short Sale Closings are N/A with 0 closed sales in June 2023 and 0
closed sales in June 2022.
JoAnn Young Licensed Real Estate Broker Young & Young Properties 321-243-4917
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