Blogs

MLS Statistics Brevard County March - 2018

By Christine Edwards posted 06-07-2018 11:24

  

MLS Statistics Brevard County March - 2018


Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of housing statistics for March 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 Edwards
Communications Director
Space Coast Association of REALTORS®

MLS Statistics Map Image Brevard County


MLS Statistics - March 2018

A quick recap of the Brevard County Residential Report for March 2018:

  • Closed Sales are up 2.9% for March 2018 in which the number of units closed was 935 compared to 909 in March 2017, with a decrease in cash sales of -14.7%.
  • New Pending Sales are up 0.6% and New Listings are up 7.1%.
  • The Median Sales Price for Brevard Single Family homes is up 18.6% to $230,000 compared to a year ago, which was $194,000.
  • Months Supply of Inventory is up 12% to 2.8 months, an increase from 2.5 months in 2017.
  • Traditional Sales are up 6.5%, with a median sales price of $230,000.
  • Foreclosure/REO Sales are down -59.6%, with a median sales price of $240,000.
  • Short Sale Closings are down -28.6%, with a median sales price of $219,000.

A quick recap of the Brevard County Townhouses/Condos for March 2018:

  • Closed Sales are up 24.4% for March 2018 in which the number of units closed was 316 compared to 254 in March 2017, with an increase in cash sales of 12.6%.
  • New Pending Sales are up 5.8% and New Listings are up 15.5%.
  • Median Sales Price for Townhomes/Condos is up 6.7% to $160,000 compared to a year ago, which was $150,000.
  • Months Supply of Inventory has decreased to 3.5 months in March 2018 from 3.6 months in March 2017.
  • Traditional Sales are up 26.5%, with a median sales price of $160,000.
  • Foreclosure/REO Sales are down -44.4% with a median sales price of $105,018.
  • Short Sale Closing statistics are not available, as there were no shortsales in March 2017 and one in March 2018 with a sales price of $133,000.

0 comments
2 views

Permalink