Brevard County, Florida Residential Market Summary Q3 2018
This report provides a summary of the Brevard County, Florida Residential Market for Q3 2018 compared to Q3 2017.
Closed Sales are up 5.9% for Q3 2018 with 2.676 units closed compared to 2,528 in Q3 2017.
Cash sales increased 5.9% compared to Q3 2017.
New Pending Sales are up 3.7% and New Listings are up 11.7%.
The Median Sales Price for Brevard Single Family homes is up 4.9% to $230,762 compared to a year ago, which was $220,000.
Months’ Supply of Inventory is up 14.3% to 3.2 months, an increase from 2.8 months in 2017.
Traditional Sales are up 7.5%, with a median sales price of $235,000.
Foreclosure/REO Sales are down -30.6%, with a median sales price of $135,000.
Short Sale Closings are down -44.4%, with a median sales price of $136,250.
For more information on the Brevard County, Florida Real Estate market,
call, text or email me.
Comments(2)