Brevard County Housing Statistics for February 2020

SINGLE FAMILY STATISTICS

• Closed Sales are up +4.4% for January 2020 in which the number of units closed was 695 compared to 666 in February 2019, with a decrease in cash sales of -18.4% compared to February 2019.
• New Pending Sales are up +16.2% and New Listings are up +4.7%.
• The Median Sales Price for Brevard Single Family homes is up +7.8% to $248,000 compared to a year ago, which was $230,000.
• Months Supply of Inventory is down -27.8% to 2.6 months, a decrease from 3.6 months in February 2019.
• Traditional Sales are up +4.9%, with a median sales price of $250,000.
• Foreclosure/REO Sales are down -8.3%, with 22 sales and a median sales price of $162,550.
• Short Sale Closings are unchanged 0%

TOWNHOME/CONDO STATISTICS

• Closed Sales are down -0.9% for February 2020 in which the number of units closed was 210 compared to 212 in February 2019, with a decrease in cash sales of -17.6% compared to February 2019.
• New Pending Sales are up +4.8% and New Listings are down -5.8%.
• Median Sales Price for Townhomes/Condos is up +21.5% to $210,750 compared to a year ago, which was $173,500.
• Months Supply of Inventory is down -21.4% to 3.3 months in February 2020 from 4.2 months in February 2019.
• Traditional Sales are down -1.0%, with a median sales price of $212,500.
• Foreclosure/REO Sales are unchanged 0%, with 3 sales and a median sales price of $72,100.
• Short Sale Closings are unchanged 0.0% 

Source: Florida REALTORS Stats do not include off market sales.