Palm Shores, FL -- Q3 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 Q3 2024:
Closed Sales are up 0.6% for Q3 2024 in which the number of units closed was 2,651 compared to 2,635 in Q3 2023, with a decrease in cash sales of -6.7%.
New Pending Sales are up 2.8% and New Listings are up 1.7%.
The Median Sales Price for Brevard Single Family homes is up 4.1% to $384,000 compared to a year ago, which was $369,000.
Months' Supply of Inventory is up 51.9% to 4.1 months, an increase from 2.7 months in Q3 2023.
Traditional Sales are up 0.3% with a median sales price of $384,900.
Foreclosure/REO Sales are up 128.6% with 16 closed sales and a median sales price of $260,950.
Short Sale Closings down -50.0% with 1 closed sale and a median sales price of $198,600.
A quick recap of the Brevard County Townhouses/Condos for Q3 2024:
Closed Sales are down -11.1% for Q3 2024 in which the number of units closed was 603 compared to 678 in Q3 2023, with a decrease in cash sales of -16.2%
New Pending Sales are down -8.0% and New Listings are up 2.9%.
The Median Sales Price for Brevard Townhouses/Condos is down -6.0% to $287,500 compared to a year ago, which was $306,000.
Months' Supply of Inventory is up 73.0% to 6.4 months, an increase from 3.7 months in Q3 2023.
Traditional Sales are down -10.4% with a median sales price of $287,500.
Foreclosure/REO Sales are down -83.3% with 1 closed sale and a median sales price of $195,000.
Short Sale Closings are N/A with 0 closed sales reported.