Brevard County, Florida Market Report June 2015 (Condos & Townhouses)
Here are statistics for Brevard County, Florida Market for June 2015 (Condos & Townhouses).
•Closed Sales were up 25.8% for June 2015 with 278 units closed vs. 221 in June 2014. Cash sales increased 40.9% compared to June 2014.
•New Pending Sales were up 20.7% and New Listings were up 18.3%.
•The Median Sales Price for Townhouses/Condos increased by 8.5% to $134,500 compared to $124,000 one year ago.
•The Median Days on the Market decreased by -8.7%, or 42 days, compared to 46 days in June 2014.
•Our Months’ Supply of Inventory is down -21.3%, or 3.7 months compared to June 2014, which was 4.7 months.
•Traditional Sales increased 36.6%, with a median sales price of $148,000.
•Foreclosure/REO Sales decreased -11.6%, with a median sales price of $62,250.
•Short Sale Closings are down -66.7%, with a median sale price of $410,000.
To find out what your home is worth, email me or call 321.537.7855.
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