Space Coast Residential Housing Statistics for Sept. ’21

Single Family Report

A quick recap of the Brevard County Single-Family Report for September 2021:

Closed Sales are up +0.4% for September 2021 in which the number of units closed was 1,006 compared to 1,002 in September 2020, with an increase in cash sales of +28.3%.
New Pending Sales are up +6.5% and New Listings are up +7.2%.
Median Sales Price for Brevard Single Family homes is up +21.3% to $315,500 compared to a year ago, which was $260,000.
Months’ Supply of Inventory is down -37.5% to 1.0 months, a decrease from 1.6 months in September 2020.
Traditional Sales are up +0.8% with a median sales price of $316,000.
Foreclosure/REO Sales are down -28.6% with 5 closed sales and a median sales price of $300,000.
Short Sale Closings are down -100.0% with 0 closed sales in September 2021 and 2 closed sales in September 2020.

A quick recap of the Brevard County Townhouses & Condos Report for September 2021:

Closed Sales are down -10.2% for September 2021 in which the number of units closed was 246 compared to 274 in September 2020, with a decrease in cash sales of -1.7%.
New Pending Sales are up +5.1% and New Listings are up +3.2%.
Median Sales Price for Townhouses & Condos is up +28.9% to $245,000 compared to a year ago, which was $190,000.
Months’ Supply of Inventory is down -44.0% to 1.4 months in September 2021 from 2.5 months in September 2020.
Traditional Sales are down -10.3% with a median sales price of $245,00.
Foreclosure/REO Sales are N/A with 1 closed sale and a median sales price of $170,100.
Short Sale Closings are down -100.0% with 0 closed sale in September 2021 and 1 closed sale in September 2020.

Source: Florida REALTORS