A quick recap of the Brevard County Residential Report for March 2020:
- Closed Sales are up +9.3% for March 2020 in which the number of units closed was 985 compared to 901 in March 2019, with a decrease in cash sales of -2.1% compared to March 2019.
- New Pending Sales are down -18.8% and New Listings are up +8.5%.
- The Median Sales Price for Brevard Single Family homes is up +14.0% to $259,571 compared to a year ago, which was $227,700.
- Months Supply of Inventory is down -20.6% to 2.7 months, a decrease from 3.4 months in March 2019.
- Traditional Sales are up +10.4%, with a median sales price of $260,000.
- Foreclosure/REO Sales are down -30.4%, with 16 sales and a median sales price of $149,750.
- Short Sale Closings are unchanged 0% with 2 closed sale in March 2020 compared to 2 closed sales in March 2019.
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A quick recap of the Brevard County Townhouses/Condos for March 2020:
- Closed Sales are up +2.9% for March 2020 in which the number of units closed was 282 compared to 274 in March 2019, with a decrease in cash sales of -2.2% compared to March 2019.
- New Pending Sales are down -26.3% and New Listings are down -4.8%.
- Median Sales Price for Townhomes/Condos is up +10.8% to $205,000 compared to a year ago, which was $185,000.
- Months Supply of Inventory is down -14.6% to 3.5 months in March 2020 from 4.1 months in March 2019.
- Traditional Sales are up +4.1%, with a median sales price of $205,000.
- Foreclosure/REO Sales are down -66.7%, with 1 sale and a median sales price of $160,000.
- Short Sale Closings are unchanged 0.0% with 0 closed sales in March 2020 compared to 1 closed sale in March 2020.
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As trained real estate professionals, we can help you get the results you want. From the very beginning, we will work together to define your needs and develop a plan for achieving your real estate goals. Throughout the process, we’ll keep those goals and your best interests in mind, and we’ll work hard to make sure all of your expectations are met. We won’t give up until the job is done to your satisfaction. When we work together, you can expect nothing less than the best. We have a history of satisfied customers, and I hope you’ll be next.
Give us a call today if you’re ready to get started.
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Our wide range of Brevard homes for sale go from beachfront, to riverfront, to condos, and more. Search our featured properties below for detailed listings in each Brevard County Community.
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