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Brevard County MLS Statistics Report: 2024 August

By Kymberly Franklin posted 10-24-2024 15:26

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

A quick recap of the Brevard County Residential Report for August 2024:

 

  • Closed Sales are down -2.6% for August 2024 in which the number of units closed was 912 compared to 936 August 2023, with a decrease in cash sales of -13.4%.
  • New Pending Sales are down -2.3% and New Listings are up 2.6%.
  • The Median Sales Price for Brevard Single Family homes is up 4.1% to $385,000 compared to a year ago, which was $370,000.
  • Months' Supply of Inventory is up 66.7% to 4.0 months, an increase from 2.4 months in August 2023.
  • Traditional Sales are down -2.8% with a median sales price of $385,000.
  • Foreclosure/REO Sales are up 100% with 4 closed sales and a median sales price of $257,500.
  • 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 August 2024:

 

  • Closed Sales are down -24.3% for August 2024 in which the number of units closed was 187 compared to 247 in August 2023, with a decrease in cash sales of -32.2%
  • New Pending Sales are down -8.5% and New Listings are up 3.9%.
  • The Median Sales Price for Brevard Townhouses/Condos are down -16.9% to $280,000 compared to a year ago, which was $337,000.
  • Months' Supply of Inventory is up 82.9% to 6.4 months, an increase from 3.5 months in August 2023.
  • Traditional Sales are down -23.7% with a median sales price of $280,000.
  • Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of N/A.
  • Short Sale Closings are N/A with 0 closed sales reported.

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To see these and previous reports on Brevard MLS Statistics, please visit our resource library by clicking here then open the MLS Full Reports folder to search by year. You can also grab market snapshot graphics that you can brand and share via email or social media, in the resource library by clicking on the Market Snapshot Graphics for Social folder. 

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