Brevard County, Florida Condo/Townhouse Market Summary March 2018
This report provides a summary of the Brevard County, Florida Condo/Townhouse Market for March 2018 compared to March 2017.
Closed Sales were up 24.4% for March 2018 with 316 units closed compared to 254 in March 2017.
Cash sales increased 12.6% compared to March 2017.
New Pending Sales were up 15.5%.
New Listings were up 7.1%.
The Median Sales Price for Brevard County, Florida Condos/Townhouses is up 6.7% to $160,000 compared to a year ago, which was $150,000.
Months’ Supply of Inventory has decreased to 3.5 months, an increase from 3.6 months in 2017.
Traditional Sales are up 26.5%, with a median sales price of $160,000.
Foreclosure/REO Sales are down -44.4%, with a median sales price of $105,018.
Short Sale Closings statistics are not available. There were no short sales in March 2017 and one in March 2018.
For more information on the Brevard County, Florida Real Estate market, call, text or email me.
Diana Zaccaro P.A., REALTOR®
"Your Coastal Connection for Cocoa Beach
and the Brevard County Beaches"
Direct: 321.537.7855 - DianaZaccaro@gmail.com
Tropical Realty Beachside
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