Brevard County Housing Report for September 2018
Single Family Report
A quick recap of the Brevard County Residential Report for September 2018:
- Closed Sales are up 8.1% for September 2018 in which the number of units closed was 749 compared to 693 in September 2017, with an increase in cash sales of 15.7% compared to September 2017.
- New Pending Sales are up 47.8% and New Listings are up 49.4%.
- The Median Sales Price for Brevard Single Family homes is up 9.3% to $235,000 compared to a year ago, which was $215,000.
- Months Supply of Inventory is up 14.3% to 3.2 months, an increase from 2.8 months in 2017.
- Traditional Sales are up 9%, with a median sales price of $238,750.
- Foreclosure/REO Sales are down -10.5%, with a median sales price of $145,600.
- Short Sale Closings are down -40%, with a median sales price of $112,500.
For a detailed Single Family Report,please click HERE
Townhome/Condo Report
A quick recap of the Brevard County Townhouses/Condos for September 2018:
- Closed Sales are up 12.9% for September 2018 in which the number of units closed was 184 compared to 163 in September 2017, with an increase in cash sales of 23.7% compared to September 2017.
- New Pending Sales are up 47.1% and New Listings are up 63.3%.
- Median Sales Price for Townhomes/Condos is up 3.7% to $169,000 compared to a year ago, which was $163,000.
- Months Supply of Inventory increased to 3.5 months in September 2018 from 3.4 months in September 2017.
- Traditional Sales are up 13.9%, with a median sales price of $171,500.
- Foreclosure/REO Sales saw no change with a median sales price of $85,950.
- Short Sale Closings are down -100% with no sales in September 2018 and one sale in September 2017.