2019 MLS Statistics

Courtesy of Florida Realtors® Industry Data and Analysis Team

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

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Christine Edwards
Communications Director
Space Coast Association of REALTORS®

MLS Statistics - March 2019

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

• Closed Sales are down -3.6% for March 2019 in which the number of units closed was 901 compared to 935 in March 2018, with a decrease in cash sales of -10.5% compared to March 2018.
• New Pending Sales are up 10.7% and New Listings are down -7.7%.
• The Median Sales Price for Brevard Single Family homes was down -1.0% to $227,700, compared to a year ago, which was $230,000.
• Months Supply of Inventory is up 21.4% to 3.4 months, an increase from 2.8 months in March 2018.
• Traditional Sales are down -3.8%, with a median sales price of $230,000.
• Foreclosure/REO Sales are up 21.1%, with 23 sales and a median sales price of $134,000.
• Short Sale Closings are down -60%, with 2 sales and a median sales price of $171,600.

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

• Closed Sales are down -13.3% for March 2019 in which the number of units closed was 274 compared to 316 in March 2018, with a decrease in cash sales of -18.8% compared to March 2018.
• New Pending Sales are down -13.6% and New Listings are down -8.7%.
• Median Sales Price for Townhomes/Condos is up 15.6% to $185,000 compared to a year ago, which was $160,000.
• Months Supply of Inventory has increased 17.1% to 4.1 months in March 2019 from 3.5 months in March 2018.
• Traditional Sales are down -12.9%, with a median sales price of $186,000.
• Foreclosure/REO Sales are down -40% with 3 sales and a median sales price of $132,000.
• Short Sale Closings saw no change with 1 sale in March 2018 and March 2019 and a median sales price of $120,000.

   

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