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MLS Statistics April 2023

By Kymberly Franklin posted 05-18-2023 10:15

  
For immediate release Palm Shores, FL -- 2023 April 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.

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 April 2023:
  • Closed Sales are down -5.5% for April 2023 in which the number of units closed was 978 compared to 1,035 in April 2022, with an decrease in cash sales of -27.5%.
  • New Pending Sales are up 6.7% and New Listings are down -10.3%.
  • The Median Sales Price for Brevard Single Family homes is 0.0% to $360,000 compared to a year ago, which was $360,000.
  • Months' Supply of Inventory is up 133.3% to 2.1 months, an increase from 0.9 months in April 2022.
  • Traditional Sales are down -5.9% with a median sales price of $360,000.
  • Foreclosure/REO Sales are up 66.7% with 5 closed sales and a median sales price of $215,000.
  • Short Sale Closings are up 200.0% with 3 closed sales and a median sales price of $650,000.
A quick recap of the Brevard County Townhouses/Condos for April 2023:
  • Closed Sales are down -17.0% for April 2023 in which the number of units closed was 254 compared to 306 in April 2022, with a decrease in cash sales of -29.4%.
  • New Pending Sales are down -10.4% and New Listings are down -8.7%.
  • Median Sales Price for Townhomes/Condos is up 4.0% to $300,000 compared to a year ago, which was $288,350.
  • Months' Supply of Inventory is up 163.6% to 2.9 months in April 2023 from 1.1 months in April 2022.
  • Traditional Sales are down -17.0% with a median sales price of $300,000.
  • Foreclosure/REO Sales are N/A with a median sales price of (no sales.)
  • Short Sale Closings are N/A with (no sales) in April 2023 and (no sales) in April 2022.


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