Space Coast of Florida Housing Statistics for December ’21

SINGLE FAMILY STATISTICS

A quick recap of the Brevard County Residential Report for December 2021:

Closed Sales are down -0.5% for December 2021 in which the number of units closed was 1,099 compared to 1,104 in December 2020, with an increase in cash sales of +26.8%.
New Pending Sales are up +5.2% and New Listings are down -0.8%.
The Median Sales Price for Brevard Single Family homes is up +19.0% to $326,350 compared to a year ago, which was $274,160.
Months’ Supply of Inventory is down -35.7% to 0.9 months, a decrease from 1.4 months in December 2020.
Traditional Sales are down -0.4% with a median sales price of $327,325.
Foreclosure/REO Sales are up +14.3% with 8 closed sales and a median sales price of $192,500.
Short Sale Closings are down -100% with 0 closed sales and a median sales price of (no sales).

A quick recap of the Brevard County Townhouses/Condos for December 2021:

Closed Sales are up +7.1% for December 2021 in which the number of units closed was 288 compared to 269 in December 2020, with an increase in cash sales of +34.6%.
New Pending Sales are up +6.9% and New Listings are down -16.5%.
Median Sales Price for Townhomes/Condos is up +20.1% to $268,000 compared to a year ago, which was $223,063.
Months’ Supply of Inventory is down -54.2% to 1.1 months in December 2021 from 2.4 months in December 2020.
Traditional Sales are up +7.1% with a median sales price of $268,000.
Foreclosure/REO Sales are N/A with a median sales price of (no sales).
Short Sale Closings are N/A with 0 closed sales in December 2021 and 0 closed sales in December 2020.

Source: Space Coast Association of REALTORS