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Brevard County Housing Statistics August 2019

By Jaimie Engle posted 09-19-2019 11:30

  

Courtesy of Florida Realtors® Industry Data and Analysis Team


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

Closed Sales are down -2.7% for August 2019 in which the number of units closed was 943 compared to 969 in August 2018, with a decrease in cash sales of -10.9% compared to August 2018.A quick recap of the Brevard County Residential Report for August 2019:
  • New Pending Sales are down -1.0% and New Listings are down -19.1%.
  • The Median Sales Price for Brevard Single Family homes is down -0.4% to $234,000 compared to a year ago, which was $235,000.
  • Months Supply of Inventory is down -15.2% to 2.8 months, a decrease from 3.3 months in August 2018.
  • Traditional Sales are down -2.2%, with a median sales price of $236,490.
  • Foreclosure/REO Sales are down -26.1%, with 17 sales and a median sales price of $126,300.
  • Short Sale Closings are down -33.3% with 4 closed sale in August 2019 compared to 3 sales in August 2018.
A quick recap of the Brevard County Townhouses/Condos for August 2019:
  • Closed Sales are up to +7.3% for August 2019 in which the number of units closed was 263 compared to 245 in August 2018, with an increase in cash sales of +1.7% compared to August 2018.
  • New Pending Sales are up +4.3% and New Listings are down -16.0%.
  • Median Sales Price for Townhomes/Condos is up +2.8% to $185,000 compared to a year ago, which was $180,000.
  • Months Supply of Inventory remained unchanged at +0.0% to 3.5 months in August 2019 from 3.5 months in August 2018.
  • Traditional Sales are up +7.9%, with a median sales price of $185,500.
  • Foreclosure/REO Sales are down -33.3%, with 2 sales and a median sales price of $155,000.
  • Short Sale Closings are unchanged at +0.0% with 1 closed sales in August 2019 compared to 1 sales in August 2018.

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