MLS Statistics Brevard County - December 2017
Courtesy of Florida Realtors®' Industry Data and Analysis Team
Below you will find a recap of the housing statistics for December 2017 in Brevard.
Feel Free to contact us with any real estate questions you might have. We have years of experience and are here to assist you.
Christine EdwardsCommunications Director
Space Coast Association of REALTORS®
MLS Statistics - December 2017
A quick recap of the Brevard County Residential Report for December 2017:
- Closed Sales increased 0.4% for December 2017 in which the number of units closed was 836 compared to 833 in December 2016, with a decrease in cash sales of -15% compared to December 2016.
- New Pending Sales are up 3.8% and New Listings are down -1.4%.
- The Median Sales Price for Brevard Single Family homes is up 19.3% to $227,789 compared to a year ago, which was $191,000.
- Months Supply of Inventory is up 12.5% to 2.7 months compared to 2.4 months in December 2016.
- Traditional Sales are up 4%, with a median sales price of $229,500.
- Foreclosure/REO Sales are down -49%, with a median sales price of $165,450.
- Short Sale Closings decreased -37.5% and had a median sales price of $119,000.
A quick recap of the Brevard County Townhouses/Condos for December 2017:
- Closed Sales are down -3.6% for December 2017 in which the number of units closed was 215 compared to 223 in December 2016, with a decrease in cash sales of -20.3% compared to December 2016.
- New Pending Sales are down -9.9% and New Listings are down -0.5%.
- Median Sales Price for Townhomes/Condos is up 20.7% to $175,000 compared to a year ago, which was $145,000.
- Months Supply of Inventory decreased -8.3% to 3.3 months in December 2017 compared to 3.6 months in December 2016.
- Traditional Sales decreased -3.3%, with a median sales price of $175,000.
- Foreclosure/REO Sales increased 12.5% and had a median sales price of $116,000.
- Short Sale Closings decreased -100%, with no sales in December 2017.