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MLS Statistics Brevard County May - 2018

By Christine Edwards posted 06-22-2018 11:59

  

Brevard County Housing Statistics - May 2018


Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of the housing statistics for May 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®

Space Coast Housing Market Statistics Map

MLS Statistics - May 2018


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

  • Closed Sales are down -4.5% for May 2018 in which the number of units closed was 943 compared to 987 in May 2017, with a decrease in cash sales of -13.2% compared to May 2017.
  • New Pending Sales are up 0.4% and New Listings are up 11.1%.
  • The Median Sales Price for Brevard Single Family homes is up 6.6% to $225,000 compared to a year ago, which was $211,000.
  • Months Supply of Inventory is up 19.2% to 3.1 months, an increase from 2.6 months in 2017.
  • Traditional Sales are down -1.3%, with a median sales price of $225,000.
  • Foreclosure/REO Sales are down -65%, with a median sales price of $154,400.
  • Short Sale Closings are down -54.5%, with a median sales price of $186,000.

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

  • Closed Sales are up 11.9% for May 2018 in which the number of units closed was 302 compared to 270 in May 2017, with an increase in cash sales of 7.9% compared to May 2017.
  • New Pending Sales are down -3.9 % and New Listings are up 13.8%.
  • Median Sales Price for Townhomes/Condos is up 10.7% to $179,950 compared to a year ago, which was $162,500.
  • Months Supply of Inventory has decreased to 3.5 months in May 2018 from 3.6 months in May 2017.
  • Traditional Sales are up 16.7%, with a median sales price of $180,000.
  • Foreclosure/REO Sales are down -91.7% with a median sales price of $55,000.
  • Short Sale Closing statistics saw no change, as there were no short sales in May 2017 or May 2018.
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