Brevard County, Florida Condo and Townhouse Market Summary November 2018
This report provides a summary of the Brevard County, Florida Condo and Townhouse Market for November 2018 compared to November 2017.
Closed Sales were down -1.5% for November 2018 with 192 units closed compared to 195 in November 2017,
Cash sales decreased -11.9% compared to November 2017.
New Pending Sales are down -15.8%.
New Listings are up 8.6%.
Median Sales Price for Townhomes/Condos is up 3.3% to $165,250 compared to a year ago, which was $160,000.
Months’ Supply of Inventory increased to 3.8 months in November 2018 from 3.4 months in November 2017.
Traditional Sales are down -0.5%, with a median sales price of $174,940.
Foreclosure/REO Sales were down -11.1% with a median sales price of $87,000.
Short Sale Closings are down -50% with a median sales price of $128,000 in November 2018.
For more information on the Brevard County, Florida Real Estate market, call, text or email me.
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