Brevard County, FL MLS Statistics for August 2024
Data provided by the Space Coast Association of Realtors and FL Association of Realtors
A quick recap of the Brevard County Residential Report for August 2024:
Closed Sales are down -2.6% for August 2024 in which the number of units closed was 912 compared to 936 August 2023, with a decrease in cash sales of -13.4%.
- New Pending Sales are down -2.3% and New Listings are up 2.6%.
- The Median Sales Price for Brevard Single Family homes is up 4.1% to $385,000 compared to a year ago, which was $370,000.
- Months' Supply of Inventory is up 66.7% to 4.0 months, an increase from 2.4 months in August 2023.
- Traditional Sales are down -2.8% with a median sales price of $385,000.
- Foreclosure/REO Sales are up 100% with 4 closed sales and a median sales price of $257,500.
- Short Sale Closings N/A with 0 closed sale and a median sales price of (No Sales.)
A quick recap of the Brevard County Townhouses/Condos for August 2024:
- Closed Sales are down -24.3% for August 2024 in which the number of units closed was 187 compared to 247 in August 2023, with a decrease in cash sales of -32.2%
- New Pending Sales are down -8.5% and New Listings are up 3.9%.
- The Median Sales Price for Brevard Townhouses/Condos are down -16.9% to $280,000 compared to a year ago, which was $337,000.
- Months' Supply of Inventory is up 82.9% to 6.4 months, an increase from 3.5 months in August 2023.
- Traditional Sales are down -23.7% with a median sales price of $280,000.
- Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of N/A.
- Short Sale Closings are N/A with 0 closed sales reported.
JoAnn Young
Florida Real Estate Broker
