Brevard County, Florida Condo and Townhouse Market Summary October 2018
This report provides a summary of the Brevard County, Florida Condominium and Townhouse Market for October 2018 compared to October 2017.
Closed Sales were up 21.2% for October 2018 with 234 units closed compared to 193 in October 2017.
Cash sales increased 21% compared to October 2017.
New Pending Sales were up 3.7%.
New Listings were up 10.6%.
Median Sales Price for Townhomes/Condos was up 9.4% to $175,000 compared to a year ago, which was $160,000.
Months’ Supply of Inventory increased to 3.6 months in October 2018 from 3.4 months in October 2017.
Traditional Sales were up 26.2%, with a median sales price of $175,000.
Foreclosure/REO Sales were down -62.5% with a median sales price of $60,000.
Short Sale Closings are down -100% with no short sales in October 2018.
For more information on the Brevard County, Florida Real Estate market,
call, text or email me.
Comments(0)