Below please find a recap of the housing statistics for Q2 2017 in Brevard.
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Christine EdwardsCommunications Director
Space Coast Association of REALTORS®
MLS STATISTICS - Q2 2017
A quick recap of the Brevard County Residential Report for Q2 2017:
- Closed Sales decreased -1.6% for Q2 2017 in which the number of units closed was 2,825 compared to 2,872 in Q2 2016, with a decrease in cash sales of -20.6% compared to Q2 2016.
- New Pending Sales are up 8.7% and New Listings are up 5%.
- The Median Sales Price for Brevard Single Family homes is up 14.1% to $211,000 compared to a year ago, which was $185,000.
- Months Supply of Inventory stayed the same at 2.7 months.
- Traditonal Sales are up 2.4%, with a median sales price of $215,000.
- Foreclosure/REO Sales are down -46.9%, with a median sales price of $123,000.
- Short Sale Closings are down -26.3%, with a median sales price of $132,500.
A quick recap of the Brevard County Townhouses/Condos for Q2 2017:
- Closed Sales are down -3.1% for Q2 2017 in which the number of units closed was 762 compared to 786 in Q2 2016, with a decrease in cash sales of -6.9% compared to Q2 2016.
- New Pending Sales are up 9.4% and New Listings are up 2.5%.
- Median Sales Price for Townhomes/Condos is up 9.6% to $160,000 compared to a year ago, which was $146,000.
- Months Supply of Inventory is down -10.5% to 3.4 months compared to 3.8 months in Q2 2016.
- Traditional Sales are up 0.1%, with a median sales price of $160,000.
- Foreclosure/REO Sales are down -51.4% with a median sales price of $127,000.
- Short Sale Closings are down -85.7%, with a median sales prices of $39,000 for Q2 of 2017.