Brevard County Housing Statistics for Sept. 2020

Single Family Home Statistics

A quick recap of the Brevard County Residential Report for September 2020:

Closed Sales are up +29.3% for September 2020 in which the number of units closed was 1,002 compared to 775 in September 2019, with an increase in cash sales of +28.6% compared to September 2019.
New Pending Sales are up +35.2% and New Listings are up +10.0%.
The Median Sales Price for Brevard Single Family homes is up +8.3% to $260,000 compared to a year ago, which was $240,000.
Months Supply of Inventory is down -42.9% to 1.6 months, a decrease from 2.8 months in September 2019.
Traditional Sales are up +30.7%, with a median sales price of $260,000.
Foreclosure/REO Sales are down -50.0%, with 7 sales and a median sales price of $254,900.
Short Sale Closings are up +100.0% with 2 closed sales, and a median sales price of $142,250.

A quick recap of the Brevard County Townhouses/Condos for September 2020:

Closed Sales are up +25.1% for September 2020 in which the number of units closed was 274 compared to 219 in September 2019, with an increase in cash sales of +55.3% compared to September 2019.
New Pending Sales are up +23.8% and New Listings are up +16.6%.
Median Sales Price for Townhomes/Condos -5.0% to $190,000 compared to a year ago, which was $199,990.
Months Supply of Inventory is down -26.5% to 2.5 months in September 2020 from 3.4 months in September 2019.
Traditional Sales are up +25.2%, with a median sales price of $190,000.
Foreclosure/REO Sales -100.0%, with 0 closed sales compared to 1 closed sale in September 2019.
Short Sale Closings +100.0% with 1 closed sale in September 2020 compared to 0 closed sales in September 2019.

Source: Florida REALTORS