Press Releases

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 June 2024:

• Closed Sales are down -11.0% for June 2024 in which the number of units closed was 906 compared to 1,018 June 2023, with a decrease in cash sales of -26.5%.
• New Pending Sales are up 3.7% and New Listings are up 17.7%.
• The Median Sales Price for Brevard Single Family homes is up 2.7% to $375,000 compared to a year ago, which was $365,000.
• Months' Supply of Inventory is up 86.4% to 4.1 months, an increase from 2.2 months in June 2023.
• Traditional Sales are down -11.5% with a median sales price of $375,000.
• Foreclosure/REO Sales are up 66.7% with 10 closed sales and a median sales price of $275,000.
• Short Sale Closings N/A with 0 closed sale and a median sales price of (No Sales.)

A quick recap of the Brevard County Townhouses/Condos for June 2024:

• Closed Sales are down -21.0% for June 2024 in which the number of units closed was 196 compared to 248 in June 2023, with a decrease in cash sales of -16.4%.
• New Pending Sales are up 3.2% and New Listings are up 21.5%.
• The Median Sales Price for Brevard Townhouses/Condos is down -4.3% to $289,000 compared to a year ago, which was $301,950.
• Months' Supply of Inventory is up 100.0% to 6.4 months, an increase from 3.2 months in June 2023.
• Traditional Sales are down -21.4% with a median sales price of $289,000.
• Foreclosure/REO Sales are up N/A with 1 closed sale and a median sales price of $185,000.
• Short Sale Closings are N/A with 0 closed sales reported.

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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 Q2 2024:

• Closed Sales are down -1.5% for Q2 2024 in which the number of units closed was 3,010 compared to 3,056 Q2 2023, with a decrease in cash sales of -12.9%.
• New Pending Sales are up 2.7% and New Listings are up 22.0%.
• The Median Sales Price for Brevard Single Family homes is up 3.8% to $379,000 compared to a year ago, which was $365,000.
• Months' Supply of Inventory is up 86.4% to 4.1 months, an increase from 2.2 months in Q2 2023.
• Traditional Sales are down -1.9% with a median sales price of $379,945.
• Foreclosure/REO Sales are up 100.0% with 30 closed sales and a median sales price of $250,000.
• Short Sale Closings are down -66.7% with 1 closed sale and a median sales price of $440,000.

A quick recap of the Brevard County Townhouses/Condos for Q2 2024:

• Closed Sales are down -6.6% for Q2 2024 in which the number of units closed was 727 compared to 778 in Q2 2023, with a decrease in cash sales of -0.5%.
• New Pending Sales are up 2.1% and New Listings are up 29.9%.
• The Median Sales Price for Brevard Townhouses/Condos is 0.0% to $300,000 compared to a year ago, which was $300,000.
• Months' Supply of Inventory is up 100.0% to 6.4 months, an increase from 3.2 months in Q2 2023.
• Traditional Sales are down -6.9% with a median sales price of $300,000.
• Foreclosure/REO Sales are up 300.0% with 4 closed sales and a median sales price of $210,000.
• Short Sale Closings are N/A with 0 closed sales reported.

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About the Space Coast Association of REALTORS®

Since 1959, the Space Coast Association of REALTORS® has been a professional trade association that provides services to our local REALTOR® community. Our membership base is comprised of more than 5,500 REALTORS® and Business Partner members that service Brevard County and adhere to a strict Code of Ethics when working with one another and the general public. The Space Coast Association of REALTORS® takes an active part in community programs and pursues projects our members support to further real estate interests. The protection of private property rights is always our top priority.

Association Vision: Space Coast Association of REALTORS® is the trusted voice of real estate in our community.

Association Mission: Space Coast Association of REALTORS® exists to support our members’ success as real estate professionals while advocating for private property rights and the ethical practice of real estate.

Values: Membership // Professionalism // Leadership // Advocacy // Outreach

Kymi Franklin

Communications Director

Space Coast Association of REALTORS®

2950 Pineda Plaza Way Palm Shores FL 32940

Main (321) 242-2211 | Fax (321) 255-7669

www.SpaceCoastMLS.com 

The Voice of Real Estate in Brevard®