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Brevard County Housing Statistics June 2019

By Jaimie Engle posted 08-26-2019 09:51

  

Courtesy of Florida Realtors® Industry Data and Ana

Below you will find a recap of the housing statistics for June 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 - June 2019

A quick recap of the Brevard County Residential Report for June 2019:
  • Closed Sales are down 3.5% for June 2019 in which the number of units closed was 924 compared to 958 in June 2018, with a decrease in cash sales of 9.3% compared to June 2018.
  • New Pending Sales are up +0.3% and New Listings are down -10.3%.
  • The Median Sales Price for Brevard Single Family homes is up 7.8% to $248,000 compared to a year ago, which was $229,950.
  • Months Supply of Inventory is down -6.5% to 2.9 months, a decrease from 3.1 months in June 2018.
  • Traditional Sales are down 1.2%, with a median sales price of $249,250.
  • Foreclosure/REO Sales are down 69%, with 9 sales and a median sales price of $130,000.
  • Short Sale Closings are down 75% with 1 closed sale in June 2019 compared to 4 sales in June 2018.
A quick recap of the Brevard County Townhouses/Condos for June 2019:
  • Closed Sales are up 7.2% for June 2019 in which the number of units closed was 239 compared to 223 in June 2018, with a decrease in cash sales of -8.3% compared to June 2018.
  • New Pending Sales are up 26.5% and New Listings are up 30.6%.
  • Median Sales Price for Townhomes/Condos is up 14.3% to $200,000 compared to a year ago, which was $175,000.
  • Months Supply of Inventory increased 14.7% to 3.9 months in June 2019 from 3.4 months in June 2018.
  • Traditional Sales are up 7.3%, with a median sales price of $200,000.
  • Foreclosure/REO Sales are up 50%, with 3 sales and a median sales price of $133,000.
  • Short Sale Closings are down 50% with 1 closed sale in June 2019 compared to 2 sales in June 2018.


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