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Brevard County Housing Statistics May 2019

By Jaimie Engle posted 06-20-2019 08:56

  
Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of the housing statistics for April 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. 

Jaimie Engle
Communications Director
Space Coast Association of REALTORS®
MLS Statistics - May 2019

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

  • Closed Sales are up 16.2% for May 2019 in which the number of units closed was 1,096 compared to 943 in May 2018, with an increase in cash sales of 12.3% compared to May 2018.
  • New Pending Sales are down -1.5% and New Listings are down -16.0%.
  • The Median Sales Price for Brevard Single Family homes is up 6.3% to $239,208, compared to a year ago, which was $225,000.
  • Months Supply of Inventory is down -3.2% to 3.0 months, a decrease from 3.1 months in May 2018.
  • Traditional Sales are down -3.0%, with a median sales price of $189,000.
  • Foreclosure/REO Sales are up 400.0%, with 5 sales and a median sales price of $97,500.
  • Short Sale Closings did not occur. There were no sales in May 2019 or May 2019.
A quick recap of the Brevard County Townhouses/Condos for May 2019:

  • Closed Sales are up 16.2% for May 2019 in which the number of units closed was 1,096 compared to 943 in May 2018, with an increase in cash sales of 12.3% compared to May 2018.
  • New Pending Sales are down -1.5% and New Listings are down -16.0%.
  • Median Sales Price for Townhomes/Condos is up 6.3% to $239,208 compared to a year ago, which was $225,000.
  • Months Supply of Inventory decreased -3.2% to 3.0 months in May 2019 from 3.1 months in May 2018.
  • Traditional Sales are up 15.3%, with a median sales price of $240,000.
  • Foreclosure/REO Sales are up 92.9% with 27 sales and a median sales price of $175,000.
  • Short Sale Closings decreased by -20.0%, with 4 sales and a median sales price of $182,450.

Click HERE to view a Media Snapshot that incorporates year-to-date figures.
May_2019_MS_Homes.png    May_2019_MS_Condos.png
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