For immediate release:
Palm Shores, FL -- Q2 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 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.