Space Coast Residential SOLD Report Sept.’22
SINGLE FAMILY STATISTICS
A quick recap of the Brevard County Residential Report for September 2022:
- Closed Sales are down -13.0% for September 2022 in which the number of units closed was 879 compared to 1,010 in September 2021, with a decrease in cash sales of -16.1%.
- New Pending Sales are down -30.0% and New Listings are down -14.9%.
- The Median Sales Price for Brevard Single Family homes is up 13.6% to $362,540 compared to a year ago, which was $319,000.
- Months’ Supply of Inventory is up 81.8% to 2.0 months, from 1.1 months in September 2021.
- Traditional Sales are down -12.7% with a median sales price of $362,688.
- Foreclosure/REO Sales are down -66.7% with 2 closed sales and a median sales price of $428,550.
- Short Sale Closings are N/A with 1 closed sales and a median sales price of $230,000.
TOWNHOME/CONDO STATISTICS
A quick recap of the Brevard County Townhouses/Condos for September 2022:
- Closed Sales are down -14.3% for September 2022 in which the number of units closed was 216 compared to 252 in September 2021, with a decrease in cash sales of -5.0%.
- New Pending Sales are down -41.8% and New Listings are down -14.7%.
- Median Sales Price for Townhomes/Condos is up 16.1% to $291,500 compared to a year ago, which was $251,000.
- Months’ Supply of Inventory is up 35.7% to 1.9 months in September 2022 from 1.4 months in September 2021.
- Traditional Sales are down -13.9% with a median sales price of $291,500.
- Foreclosure/REO Sales are down -100% with a median sales price of N/A and 0 closed sales.
- Short Sale Closings are N/A with 0 closed sales in September 2022 and 0 closed sales in September 2021.
Source: Space Coast Association of REALTORS