Closed Sales in Brevard County are up 10 percent for April 2019. Across Florida, the housing market reported more sales, higher median prices, and increased inventory.

A quick recap of the Brevard County Residential Report for April 2019:

  • Closed Sales are up 10% for April 2019 in which the number of units closed was 998 compared to 907 in 2018, with an increase in cash sales of 14.3% compared to April 2018.
  • New Pending Sales are up 10.7% and New Listings are down -5.9%.
  • The Median Sales Price for Brevard Single Family homes is up 4.6% to $238,000 compared to a year ago, which was $227,500.
  • Months Supply of Inventory is up 6.9% to 3.1 months, an increase from 2.9 months in April 2018.
  • Traditional Sales are up 8.2%, with a median sales price of $240,000.
  • Foreclosure/REO Sales are up 121.4% with 31 sales and a median sales price of $179,900.
  • Short Sale Closings are down -50%, with 3 sales and a median sales price of $150,000.

Brevard County Single Family Home Statistics April 2019

Brevard County Single Family Home Statistics April 2019

 

A quick recap of the Brevard County Townhouses/Condos for April 2019:

  • Closed Sales are up 0.4% for April 2019 in which the number of units closed was 256 compared to 255 in 2018, with a decrease in cash sales of -12.1% compared to April 2018.
  • New Pending Sales are down -9.1% and New Listings are down -10.4%.
  • Median Sales Price for Townhomes/Condos is down -8.7% to $173,500 compared to a year ago, which was $190,000.
  • Months Supply of Inventory is up 11.4% to 3.9 months in April 2019 from 3.5 months in April 2018.
  • Traditional Sales are up 1.2%, with a median sales price of $175,000.
  • Foreclosure/REO Sales are down -50% with 2 sales and a median sales price of $91,013. 
  • Short Sale Closings did not occur. There were no short sales in April 2018 or April 2019.

Brevard County Townhouses and Condos Statistics April 2019

Brevard County Townhouses and Condos Statistics April 2019

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