Courtesy of Florida Realtors® Industry Data and Analysis TeamBelow 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 EngleCommunications DirectorSpace Coast Association of REALTORS®MLS Statistics - July 2019
A quick recap of the Brevard County Residential Report for July 2019:
- Closed Sales are up +2.8% for July 2019 in which the number of units closed was 985 compared to 958 in July 2018, with an increase in cash sales of +1.0% compared to July 2018.
- New Pending Sales are up +7.7% and New Listings are up +0.6%.
- The Median Sales Price for Brevard Single Family homes is up +6.6% to $244,000 compared to a year ago, which was $229,000.
- Months Supply of Inventory is down -6.5% to 2.9 months, a decrease from 3.1 months in July 2018.
- Traditional Sales are up +3.5%, with a median sales price of $245,000.
- Foreclosure/REO Sales are down -21.1%, with 15 sales and a median sales price of $190,000.
- Short Sale Closings are down -50.0% with 2 closed sale in July 2019 compared to 4 sales in July 2018.
A quick recap of the Brevard County Townhouses/Condos for July 2019:
- Closed Sales are unchanged at +0.0% for July 2019 in which the number of units closed was 287 compared to 287 in July 2019, with a decrease in cash sales of -4.7% compared to July 2018.
- New Pending Sales are up +19.5% and New Listings are up +3.7%.
- Median Sales Price for Townhomes/Condos is up +7.2% to $183,000 compared to a year ago, which was $170,750.
- Months Supply of Inventory increased +12.1% to 3.7 months in July 2019 from 3.3 months in July 2018.
- Traditional Sales are up +0.4%, with a median sales price of $185,900.
- Foreclosure/REO Sales are down +20.0%, with 4 sales and a median sales price of $91,850.
- Short Sale Closings are unchanged at +0.0% with 0 closed sales in July 2019 compared to 0 sales in July 2018.
