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Brevard County Housing Statistics - February 2019

By Christine Edwards posted 03-22-2019 11:59

  

2019 MLS Statistics


Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of the housing statistics for February 2019 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 MLS map in color

MLS Statistics - February 2019


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

  • Closed Sales are down -4% for February 2019 in which the number of units closed was 666 compared to 694 in February 2018, with a decrease in cash sales of -7.3% compared to February 2018.
  • New Pending Sales are up 2.1% and New Listings are up 2.3%.
  • The Median Sales Price for Brevard Single Family homes saw no change and was $230,000 in 2018 and 2019.
  • Months Supply of Inventory is up 33.3% to 3.6 months, an increase from 2.7 months in February 2018.
  • Traditional Sales are down -4.8%, with a median sales price of $231,000.
  • Foreclosure/REO Sales are up 26.3%, with 24 sales and a median sales price of $204,250.
  • Short Sale Closings are down -25%, with 3 sales and a median sales price of $335,000.

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

  • Closed Sales are down -5.8% for February 2019 in which the number of units closed was 212 compared to 225 in February 2018, with a decrease in cash sales of -21.7% compared to February 2018.
  • New Pending Sales are down -13.3% and New Listings are down -9.6%.
  • Median Sales Price for Townhomes/Condos is up 10.9% to $173,500 compared to a year ago, which was $156,500.
  • Months Supply of Inventory has increased 13.5% to 4.2 months in February 2019 from 3.7 months in February 2018.
  • Traditional Sales are down -4.6%, with a median sales price of $173,000.
  • Foreclosure/REO Sales are down -25% with 3 sales and a median sales price of $240,000.
  • Short Sale Closings are down -100% with no sales in February 2019.

Click here to view a Media Snapshot that incorporates year-to-date figures.
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