MLS Statistics Brevard County January - 2018
Courtesy of Florida Realtors® Industry Data and Analysis Team
Below you will find a recap of housing statistics for January 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 - January 2018
A quick recap of the Brevard County Residential Report for January 2018:
- Closed Sales are down -6.2% for January 2018 in which the number of units closed was 563 compared to 600 in January 2017, with a decrease in cash sales of -19.3% compared to January 2017.
- New Pending Sales are down -0.5% and New Listings are down -3.7%.
- The Median Sales Price for Brevard Single Family homes is up 10.3% to $215,000 compared to a year ago, which was $195,000.
- Months Supply of Inventory is up 7.7% to 2.8 months, an increase from 2.6 months in 2017.
- Traditional Sales are down -1.3%, with a median sales price of $215,750.
- Foreclosure/REO Sales are down -64.4%, with a median sales price of $162,500.
- Short Sale Closings are down -25.0%, with a median sales price of $215,000.
A quick recap of the Brevard County Townhouses/Condos for January 2018:
- Closed Sales are down -9.7% for January 2018 in which the number of units closed was 168 compared to 186 in January 2017, with a decrease in cash sales of -21.9% compared to January 2017.
- New Pending Sales are up 2.7% and New Listings are up 14.6%.
- Median Sales Price for Townhomes/Condos is up 4.9% to $149,950 compared to a year ago, which was $143,000.
- Months Supply of Inventory has stayed the same at 3.8 months in January 2018 and January 2017.
- Traditional Sales are down -7.3%, with a median sales price of $149,950.
- Foreclosure/REO Sales are down -85.7% with a median sales price of $130,000.
- Short Sale Closing statistics are not available, with one sale in January 2018 with a median sales price of $400,000 and no sales in January 2017.