For Immediate Release
Palm Shores, FL -- 2021 December, 4th Quarter & Annual Brevard County housing statistics report for Single-Family homes and Townhouses/Condos provided by Space Coast Association of REALTORS®, the voice for real estate in Brevard County.
MLS Statistics - December 2021
You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.
A quick recap of the Brevard County Residential Report for December 2021:
- Closed Sales are down -0.5% for December 2021 in which the number of units closed was 1,099 compared to 1,104 in December 2020, with an increase in cash sales of +26.8%.
- New Pending Sales are up +5.2%and New Listings are down -0.8%.
- The Median Sales Price for Brevard Single Family homes is up +19.0% to $326,350 compared to a year ago, which was $274,160.
- Months’ Supply of Inventory is down -35.7%to 0.9 months, a decrease from 1.4 months in December 2020.
- Traditional Sales are down -0.4% with a median sales price of $327,325.
- Foreclosure/REO Sales are up +14.3% with 8 closed sales and a median sales price of $192,500.
- Short Sale Closings are down -100% with 0 closed sales and a median sales price of (no sales).
A quick recap of the Brevard County Townhouses/Condos for December 2021:
- Closed Sales are up +7.1%for December 2021 in which the number of units closed was 288 compared to 269 in December 2020, with an increase in cash sales of +34.6%.
- New Pending Sales are up +6.9%and New Listings are down -16.5%.
- Median Sales Price for Townhomes/Condos is up +20.1% to $268,000 compared to a year ago, which was $223,063.
- Months’ Supply of Inventory is down -54.2%to 1.1 months in December 2021 from 2.4 months in December 2020.
- Traditional Sales are up +7.1%with a median sales price of $268,000.
- Foreclosure/REO Sales are N/A with a median sales price of (no sales).
- Short Sale Closings are N/A with 0 closed sales in December 2021 and 0 closed sales in December 2020.
MLS Statistics - 2021 4th Quarter
You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.
A quick recap of the Brevard County Residential Report for Q4 2021:
- Closed Sales are up +2.1% for Q4 2021 in which the number of units closed was 3,188 compared to 3,123 in Q4 2020, with an increase in cash sales of +37.3%.
- New Pending Sales are up +2.2%and New Listings are down -1.6%.
- The Median Sales Price for Brevard Single Family homes is up +18.2% to $325,000 compared to a year ago, which was $274,975.
- Months’ Supply of Inventory is down -35.7%to 0.9 months, a decrease from 1.4 months in Q4 2020.
- Traditional Sales are up +2.3% with a median sales price of $325,000.
- Foreclosure/REO Sales are down -9.5% with 19 closed sales and a median sales price of $188,000.
- Short Sale Closings are down -50% with 3 closed sales and a median sales price of $300,000.
A quick recap of the Brevard County Townhouses/Condos for Q4 2021:
- Closed Sales are up +2.5%for Q4 2021 in which the number of units closed was 825 compared to 805 in Q4 2020, with an increase in cash sales of +22.3%.
- New Pending Sales are up +6%and New Listings are down -11.7%.
- Median Sales Price for Townhomes/Condos is up +10% to $252,000 compared to a year ago, which was $229,000.
- Months’ Supply of Inventory is down -54.2%to 1.1 months in Q4 2021 from 2.4 months in Q4 2020.
- Traditional Sales are up +2.6%with a median sales price of $252,500.
- Foreclosure/REO Sales are down -33.3% with a median sales price of $217,500.
- Short Sale Closings are N/A with 0 closed sales in Q4 2021 and 0 closed sales in Q4 2020.
MLS Statistics - 2021 Annual
You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.
A quick recap of the Brevard County Residential Report for 2021:
- Closed Sales are up +9.8% for 2021 in which the number of units closed was 12,581 compared to 11,457 in 2020, with an increase in cash sales of +48.7%.
- New Pending Sales are up +4.7%and New Listings are up +2.2%.
- The Median Sales Price for Brevard Single Family homes is up +16.9% to $308,000 compared to a year ago, which was $263,500.
- Months’ Supply of Inventory is down -35.7%to 0.9 months, a decrease from 1.4 months in 2020.
- Traditional Sales are up +10.8% with a median sales price of $309,620.
- Foreclosure/REO Sales are down -49.4% with 85 closed sales and a median sales price of $219,900.
- Short Sale Closings are down -35.0% with 13 closed sales and a median sales price of $275,250.
A quick recap of the Brevard County Townhouses/Condos for 2021:
- Closed Sales are up +16.8%for 2021 in which the number of units closed was 3,511 compared to 3,005 in 2020, with an increase in cash sales of +29.6%.
- New Pending Sales are up +14.7%and New Listings are up +2.0%.
- Median Sales Price for Townhomes/Condos is up +14.8% to $241,000 compared to a year ago, which was $210,000.
- Months’ Supply of Inventory is down -54.2%to 1.1 months in 2021 from 2.4 months in 2020.
- Traditional Sales are up +17.0%with a median sales price of $242,000.
- Foreclosure/REO Sales are down -7.1% with a median sales price of $177,500.
- Short Sale Closings are down -33.3% with 2 closed sales in 2021 and 3 closed sales in 2020.
