Brevard County/Space Coast Housing Statistics August 2021

Single Family Statistics

Closed Sales are up +7.9% for August 2021 in which the number of units closed was 1,069 compared to 991 in August 2020, with an increase in cash sales of +61.9%.
New Pending Sales are up +3.2% and New Listings are up +23.5%.
The Median Sales Price for Brevard Single Family homes is up +21.0% to $325,000 compared to a year ago, which was $268,500.
Months’ Supply of Inventory is down -38.9% to 1.1 months, a decrease from 1.8 months in August 2020.
Traditional Sales are up +8.4%, with a median sales price of $325,000.
Foreclosure/REO Sales are down -33.3%, with 8 closed sales and a median sales price of $245,080.
Short Sale Closings are 0.0% with 2 closed sales in August 2021 and 2 closed sales in August 2020.

Closed Sales are up +11.1% for August 2021 in which the number of units closed was 300 compared to 270 in August 2020, with an increase in cash sales of +21.4%.
New Pending Sales are down -10.7% and New Listings are down -2.8%.
Median Sales Price for Townhouses & Condos is up +17.6% to $261,868 compared to a year ago, which was $222,750.
Months’ Supply of Inventory is down -48.1% to 1.4 months in August 2021 from 2.7 months in August 2020.
Traditional Sales are up +10.8%, with a median sales price of $263,660.
Foreclosure/REO Sales are N/A, with 1 closed sale and a median sales price of $170,000.
Short Sale Closings are 0.0% with 1 closed sale in August 2021 and 1 closed sale in August 2020.

Source: Florida REALTORS & Space Coast Association of REALTORS