Brevard County/Space Coast Housing Statistics for July ’21

• Closed Sales are down -13.3% for July 2021 in which the number of units closed was 1,043 compared to 1,203 in July 2020, with an increase in cash sales of +17.4%.
• New Pending Sales are down -6.5% and New Listings are up +12.2%.
• The Median Sales Price for Brevard Single Family homes is up +20.9% to $322,000 compared to a year ago, which was $266,235.
• Months Supply of Inventory is down -45.0% to 1.1 months, a decrease from 2.0 months in July 2020.
• Traditional Sales are down -12.4%, with a median sales price of $325,000.
• Foreclosure/REO Sales are down -61.9%, with 8 closed sales and a median sales price of $257,000.
• Short Sale Closings are down -25.0% with 3 closed sales in July 2021 and 4 Closed sales in July 2020.

• Closed Sales are down -22.3% for July 2021 in which the number of units closed was 251 compared to 323 in July 2020, with an decrease in cash sales of -10.9%.
• New Pending Sales are down -16.1% and New Listings are up +21.7%.
• Median Sales Price for Townhouses & Condos is up +9.3% to $235,000 compared to a year ago, which was $215,000.
• Months Supply of Inventory is down -51.7% to 1.4 months in July 2021 from 2.9 months in July 2020.
• Traditional Sales are down -22.0%, with a median sales price of $235,000.
• Foreclosure/REO Sales are down -100.0%, with 0 closed sales and a median sales price of $0.
• Short Sale Closings are unchanged with 0 closed sales in July 2021 and 0 closed sales in July 2020.

Source: Florida REALTORS & Space Coast Association of REALTORS