For immediate release:
Palm Shores, FL -- July 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 July 2024:
- Closed Sales are up 19.0% for July 2024 in which the number of units closed was 994 compared to 835 July 2023, with an increase in cash sales of 22.2%.
- New Pending Sales are down -2.4% and New Listings are up 6.9%.
- The Median Sales Price for Brevard Single Family homes is up 2.7% to $380,000 compared to a year ago, which was $370,000.
- Months' Supply of Inventory is up 81.8% to 4.0 months, an increase from 2.2 months in July 2023.
- Traditional Sales are up 18.2% with a median sales price of $380,250.
- Foreclosure/REO Sales are up 350.0% with 9 closed sales and a median sales price of $243,000.
- 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 July 2024:
- Closed Sales are up 15.6% for July 2024 in which the number of units closed was 237 compared to 205 in July 2023, with an increase in cash sales of 16.8%.
- New Pending Sales are down -1.4% and New Listings are up 11.3%.
- The Median Sales Price for Brevard Townhouses/Condos is up 9.0% to $288,750 compared to a year ago, which was $265,000.
- Months' Supply of Inventory is up 87.9% to 6.2 months, an increase from 3.3 months in July 2023.
- Traditional Sales are up 16.3% with a median sales price of $289,000.
- Foreclosure/REO Sales are down -50.0% with 1 closed sale and a median sales price of $195,000.
- Short Sale Closings are N/A with 0 closed sales reported.
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