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Brevard County Housing Statistics Q2 2019

By Jaimie Engle posted 08-26-2019 09:54

  
Courtesy of Florida Realtors® Industry Data and Analysis Team

Below you will find a recap of the housing statistics for Q@ 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 - Q2 2019

A quick recap of the Brevard County Residential Report for Q2 2019:
  • Closed Sales are up +7.5% for Q2 2019 in which the number of units closed was 3,018 compared to 2,808 in Q2 2018, with an increase in cash sales of 5.7% compared to Q2 2018.
  • New Pending Sales are up +3.2% and New Listings are down -11.0%.
  • The Median Sales Price for Brevard Single Family homes is up +6.6% to $241,250 compared to a year ago, which was $226,384.
  • Months Supply of Inventory is down -6.5% to 2.9 months, a decrease from 3.1 months in 2018.
  • Traditional Sales are up +7.4%, with a median sales price of $243,000.
  • Foreclosure/REO Sales are up +17.5%, with a median sales price of $172,500.
  • Short Sale Closings are down -27.3%, with a median sales price of $182,450. 
A quick recap of the Brevard County Townhouses/Condos for Q2 2019:
  • Closed Sales are up +1.5% for Q2 2019 in which the number of units closed was 792 compared to 780 in Q2 2018, with a decrease in cash sales of -9.9% compared to Q2 2018.
  • New Pending Sales are up +1.6% and New Listings are up +1.2%.
  • Median Sales Price for Townhomes/Condos is up +5.1% to $189,125 compared to a year ago, which was $180,000.
  • Months Supply of Inventory increased to 3.9 months in Q2 2019 from 3.4 months in Q2 2018.
  • Traditional Sales are up +1.3%, with a median sales price of $190,000.
  • Foreclosure/REO Sales are up +42.9% with a median sales price of $112,500. 
  • Short Sale Closings are down -50% in Q2 2019 with a median sales price of $900,000.
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