Brevard County Housing Statistics for September 2019

Single Family Statistics

• Closed Sales are up +3.5% for September 2019 in which the number of units closed was 775 compared to 749 in September 2018, with a decrease in cash sales of -16.3% compared to September 2018.
• New Pending Sales are down -1.4% and New Listings are down -2.5%.
• The Median Sales Price for Brevard Single Family homes is up +2.1% to $240,000 compared to a year ago, which was $235,000.
• Months Supply of Inventory is down -12.5% to 2.8 months, a decrease from 3.2 months in September 2018.
• Traditional Sales are up +4.3%, with a median sales price of $240,000.
• Foreclosure/REO Sales are down -17.6%, with 14 sales and a median sales price of $146,000.
• Short Sale Closings are down -66.7% with 1 closed sale in September 2019 compared to 3 sales in September 2018.

Townhome and Condo Statistics

• Closed Sales are up to +19.0% for September 2019 in which the number of units closed was 219 compared to 184 in September 2018, with a decrease in cash sales of -19.1% compared to September 2018.
• New Pending Sales are down -8.4% and New Listings are down -19.9%.
• Median Sales Price for Townhomes/Condos is up +18.3% to $199,990 compared to a year ago, which was $169,000.
• Months Supply of Inventory is down -2.9% to 3.4 months in September 2019 from 3.5 months in September 2018.
• Traditional Sales are up +21.1%, with a median sales price of $199,745.
• Foreclosure/REO Sales are down -75.0%, with 1 sale and a median sales price of $220,000.
• Short Sale Closings are unchanged at +0.0% with no closed sales in September 2019 compared to no closed sales in September 2018.

Source: Florida REALTORS