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MLS Statistics Brevard County July - 2018

By Christine Edwards posted 09-11-2018 15:29

  

Brevard County Housing Statistics - July 2018


Courtesy of Florida Realtors® Industry Data and Analysis Team

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

Brevard County Housing Statistics July 2018

MLS Statistics - July 2018


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

  • Closed Sales are up 9.6% for July 2018 in which the number of units closed was 958 compared to 874 in July 2017, with an increase in cash sales of 0.5% compared to July 2017.
  • New Pending Sales are down -6.2% and New Listings are down -9.4%.
  • The Median Sales Price for Brevard Single Family homes is up 4.1% to $229,000 compared to a year ago, which was $220,000.
  • Months Supply of Inventory is up 10.7% to 3.1 months, an increase from 2.8 months in 2017.
  • Traditional Sales are up 11.3%, with a median sales price of $230,000.
  • Foreclosure/REO Sales are down -34.5%, with a median sales price of $140,000.
  • Short Sale Closings are down -20%, with a median sales price of $140,000.

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

  • Closed Sales are up 28.7% for July 2018 in which the number of units closed was 287 compared to 223 in July 2017, with an increase in cash sales of 14.3% compared to July 2017.
  • New Pending Sales are up 2.4 % and New Listings are down -8.4%.
  • Median Sales Price for Townhomes/Condos is up 6.1% to $170,750 compared to a year ago, which was $161,000.
  • Months Supply of Inventory has decreased to 3.3 months in July 2018 from 3.4 months in July 2017.
  • Traditional Sales are up 31.2%, with a median sales price of $174,100.
  • Foreclosure/REO Sales are down -37.5% with a median sales price of $117,000.
  • Short Sale Closing statistics saw no change, as there were no short sales in July 2017 or July 2018.
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