Thursday, December 19, 2024

MLS Statistic for Brevard County, FL November 2024

Provided by the Spact Coast Association of Realtors and the FL Association of Realtors 

A quick recap of the Brevard County Residential Report for November 2024:

  • Closed Sales are down -20.8% for November 2024 in which the number of units closed was 630 compared to 795 in November 2023, with a decrease in cash sales of -32.8%.
  • New Pending Sales are up 6.6% and New Listings are up 10.9%.
  • The Median Sales Price for Brevard Single Family homes is up 3.5% to $380,000 compared to a year ago, which was $367,000.
  • Months' Supply of Inventory is up 40.0% to 4.2 months, an increase from 3.0 months in November 2023.
  • Traditional Sales are down -20.6% with a median sales price of $380,000.
  • Foreclosure/REO Sales are down -33.3% with 2 closed sales and a median sales price of $202,360.
  • 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 November 2024:

 

  • Closed Sales are down -20.3% for November 2024 in which the number of units closed was 137 compared to 172 in November 2023, with a decrease in cash sales of -39.1%
  • New Pending Sales are down -23.4% and New Listings are up 2.7%.
  • The Median Sales Price for Brevard Townhouses/Condos is up 9.8% to $315,000 compared to a year ago, which was $287,000.
  • Months' Supply of Inventory is up 57.8% to 7.1 months, an increase from 4.5 months in November 2023.
  • Traditional Sales are down -20.3% with a median sales price of $315,000.
  • Foreclosure/REO Sales are N/A with 0 closed sales reported.
  • Short Sale Closings are N/A with 0 closed sales reported.

JoAnn Young, Owner/Broker
Young & Young Properties