2019 MLS Statistics

Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of the housing statistics for January 2019 in Brevard.

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Christine Edwards
Communications Director
Space Coast Association of REALTORS®

MLS Statistics - January 2019

A quick recap of the Brevard County Residential Report for January 2019:

• Closed Sales are down -7.5% for January 2019 in which the number of units closed was 521 compared to 563 in January 2018, with a decrease in cash sales of -2.6% compared to January 2018.
• New Pending Sales are down -7.4% and New Listings are up 0.6%.
• The Median Sales Price for Brevard Single Family homes is up 6.3% to $228,463 compared to a year ago, which was $215,000.
• Months Supply of Inventory is up 28.6% to 3.6 months, an increase from 2.8 months in January 2018.
• Traditional Sales are down -7.4%, with a median sales price of $230,500.
• Foreclosure/REO Sales saw no change, with 16 Sales in January 2018 and January 2019 and a median sales price of $148,500.
• Short Sale Closings are down -66.7%, with a median sales price of $180,000.

A quick recap of the Brevard County Townhouses/Condos for January 2019:

• Closed Sales are down -12.5% for January 2019 in which the number of units closed was 147 compared to 168 in January 2018, with a decrease in cash sales of -7.9% compared to January 2018.
• New Pending Sales are down -6.5% and New Listings are down -2.6%.
• Median Sales Price for Townhomes/Condos is up 13% to $169,400 compared to a year ago, which was $149,950.
• Months Supply of Inventory has increased 10.5% to 4.2 months in January 2019 from 3.8 months in January 2018.
• Traditional Sales are down -12.7%, with a median sales price of $170,000.
• Foreclosure/REO Sales are up 100% with two sales in January 2019 and a median sales price of $128,125.
• Short Sale Closings are down -100% with no sales in January 2019.