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Brevard County Housing Statistics - December 2018

By Christine Edwards posted 01-22-2019 11:51

  

December 2018 MLS Statistics


Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of the housing statistics for December 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 Association of REALTORS® Brevard County MLS map graphic

MLS Statistics - December 2018


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

  • Closed Sales are down -10.4% for December 2018 in which the number of units closed was 749 compared to 836 in December 2017, with a decrease in cash sales of -8.8% compared to December 2017.
  • New Pending Sales are down -6.7% and New Listings are up 0.7%.
  • The Median Sales Price for Brevard Single Family homes is up 0.5% to $229,000 compared to a year ago, which was $227,789.
  • Months Supply of Inventory is up 25.9% to 3.4 months, an increase from 2.7 months in 2017.
  • Traditional Sales are down -11.8%, with a median sales price of $235,000.
  • Foreclosure/REO Sales are up 38.5%, with a median sales price of $138,750.
  • Short Sale Closings are down -40%, with a median sales price of $160,250.

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

  • Closed Sales are down -10.7% for December 2018 in which the number of units closed was 192 compared to 215 in December 2017, with a decrease in cash sales of -17% compared to December 2017.
  • New Pending Sales are down -21.4% and New Listings are down -4.1%.
  • Median Sales Price for Townhomes/Condos is up 5.7% to $185,000 compared to a year ago, which was $175,000.
  • Months Supply of Inventory has increased to 3.8 months in December 2018 from 3.3 months in December 2017.
  • Traditional Sales are down -8.7%, with a median sales price of $185,000.
  • Foreclosure/REO Sales are down -55.6% with a median sales price of $250,125.
  • There were no Short Sale Closings in December 2017 or December 2018.
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