Space Coast Brevard County Residential Statistics April ’22

Single Family Statistics

• Closed Sales are down -11.7% for April 2022 in which the number of units closed was 1,035 compared to 1,172 in April 2021, with an increase in cash sales of 11.9%.
• New Pending Sales are down -14.5% and New Listings are up 1.2%.
• The Median Sales Price for Brevard Single Family homes is up 22.3% to $360,000 compared to a year ago, which was $294,450.
• Months’ Supply of Inventory is 0.0% to 0.9 months, no change from 0.9 months in April 2021.
• Traditional Sales are down -11.2% with a median sales price of $361,000.
• Foreclosure/REO Sales are down -66.7% with 3 closed sales and a median sales price of $230,850.
• Short Sale Closings are down -50.0% with 1 closed sale and a median sales price of $300,000.

Townhome/Condo Statistics

• Closed Sales are down -15.2% for April 2022 in which the number of units closed was 306 compared to 361 in April 2021, with a increase in cash sales of 0.6%.
• New Pending Sales are down -9.4% and New Listings are down -4.2%.
• Median Sales Price for Townhomes/Condos is up 13.1% to $288,350 compared to a year ago, which was $255,000.
• Months’ Supply of Inventory is down -8.3% to 1.1 months in April 2022 from 1.2 months in April 2021.
• Traditional Sales are down -14.8% with a median sales price of $288,350.
• Foreclosure/REO Sales are down -100.0% with a median sales price of N/A and 0 closed sale.
• Short Sale Closings are N/A with 0 closed sales in April 2022 and 0 closed sales in April 2021.

Source: Space Coast Association of Realtors