Below please find a recap of the housing statistics for April 2017 in Brevard, courtesy of Florida Realtors®' Industry Data and Analysis Team.
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Christine EdwardsCommunications Director
Space Coast Association of REALTORS®
MLS Statistics - April 2017
A quick recap of the Brevard County Residential Report for April 2017 compared to April 2016:
Closed Sales are down -8.6% for April 2017 in which the number of units closed was 805 compared to 881 in April 2016, with a decrease in cash sales of -28% compared to April 2016.
- New Pending Sales are up 22.2% and New Listings are down -3.2%.
- The Median Sales Price for Brevard Single Family homes is up 13.8% to $204,655 compared to a year ago, which was $179,900.
- Months Supply of Inventory is down -16.7% at 2.5 months compared to 3 months in April 2016.
- Traditional Sales are down -4.9%, with a median sales price of $210,000.
- Foreclosure/REO Sales are down -45.1%, with a median sales price of $119,500.
- Short Sale Closings are down -41.7%, with a median sales price of $120,000.
A quick recap of the Brevard County Townhouses/Condos for April 2017 compared to April 2016:
- Closed sales are down -8.2% for April 2017 in which the number of units closed was 236 compared to 257 in April of 2016.
- New Pending Sales are up 4.8% and New Listings are down -0.3%.
- The Median Sales Price for Townhomes/Condos is up 14.3% to $160,000 compared to a year ago, which was $140,000.
- Months Supply of Inventory is down -11.9% to 3.7 months compared to 4.2 months in April 2016.
- Traditional Sales are down -3.7%, with a median sales price of $160,000.
- Foreclosure/REO Sales are down -84.6%, with a median sales price of $53,000.
- Short Sale Closings are down -50%, with a median sales prices of $39,000.