For immediate release:
Palm Shores, FL -- June of 2024 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 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.