BREVARD COUNTY HOUSING STATISTICS - JUNE 2018
Courtesy of Florida Realtors® Industry Data and Analysis Team
Below you will find a recap of the housing statistics for June 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 - June 2018
A quick recap of the Brevard County Residential Report for June 2018:
- Closed Sales are down -7.3% for June 2018 in which the number of units closed was 958 compared to 1,033 in June 2017, with a decrease in cash sales of -12.7% compared to June 2017.
- New Pending Sales are up 2.4% and New Listings are down -1.4%.
- The Median Sales Price for Brevard Single Family homes is up 4.5% to $229,950 compared to a year ago, which was $220,000.
- Months Supply of Inventory is up 14.8% to 3.1 months, an increase from 2.7 months in 2017.
- Traditional Sales are down -6.5%, with a median sales price of $232,000.
- Foreclosure/REO Sales are down -14.7%, with a median sales price of $154,000.
- Short Sale Closings are down -60%, with a median sales price of $126,125.
A quick recap of the Brevard County Townhouses/Condos for June 2018:
- Closed Sales are down -12.9% for June 2018 in which the number of units closed was 223 compared to 256 in June 2017, with a decrease in cash sales of -17.4% compared to June 2017.
- New Pending Sales are down -5.3 % and New Listings are up 2%.
- Median Sales Price for Townhomes/Condos is up 13.5% to $175,000 compared to a year ago, which was $154,250.
- Months Supply of Inventory saw no change. It was 3.4 months in June 2017 and 3.4 months in June 2018.
- Traditional Sales are down -13.1%, with a median sales price of $175,000.
- Foreclosure/REO Sales are down -50% with a median sales price of $142,550.
- Short Sale Closing statistics are not available, as there were no short sales in June 2017. There were two short sale closings in June 2018 with a median sales price of $127,500.