MLS Statistics Brevard County April - 2018
Courtesy of Florida Realtors® Industry Data and Analysis Team
Below you will find a recap of housing statistics for April 2018 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 - April 2018
A quick recap of the Brevard County Residential Report for April 2018:
- Closed Sales are up 12.7% for April 2018 in which the number of units closed was 907 compared to 805 in April 2017, with a decrease in cash sales of -6.7% compared to April2017.
- New Pending Sales are down -0.7% and New Listings are up 7.7%.
- The Median Sales Price for Brevard Single Family homes is up 11.2% to $227,500 compared to a year ago, which was $204,655.
- Months Supply of Inventory is up 16% to 2.9 months, an increase from 2.5 months in 2017.
- Traditional Sales are up 17.4%, with a median sales price of $228,000.
- Foreclosure/REO Sales are down -64.1%, with a median sales price of $138,750.
- Short Sale Closings are down -71.4%, with a median sales price of $133,250.
A quick recap of the Brevard County Townhouses/Condos for April 2018:
- Closed Sales are up 7.2% for April 2018 in which the number of units closed was 253 compared to 236 in April 2017, with an increase in cash sales of 0.8% compared to April 2017.
- New Pending Sales are up 15.5 % and New Listings are up 6.8%.
- Median Sales Price for Townhomes/Condos is up 18.8% to $190,000 compared to a year ago, which was $160,000.
- Months Supply of Inventory has decreased to 3.5 months in April 2018 from 3.7 months in April 2017.
- Traditional Sales are up 6.9%, with a median sales price of $192,000.
- Foreclosure/REO Sales are up 100% with a median sales price of $98,000.
- Short Sale Closing statistics are down -100%, as there were no short sales in April 2018 and one in April 2017.