Brevard County, Florida Condo & Townhouse Market Summary December 2018
This report provides a summary of the Brevard County, Florida Condo and Townhouse Market for December 2018 compared to December 2017.
Closed Sales were down -10.7% for December 2018 with 192 units closed compared to 215 in December 2017.
Cash sales decreased -17% compared to December 2017.
New Pending Sales were down -21.4%.
New Listings were down -4.1%.
The Median Sales Price for Townhomes/Condos was up 5.7% to $185,000 compared to a year ago, when it was $175,000.
Months’ Supply of Inventory increased to 3.8 months in December 2018 from 3.3 months in December 2017.
Traditional Sales were down -8.7%, with a median sales price of $185,000.
Foreclosure/REO Sales were down -55.6% with a median sales price of $250,125.
There were no Short Sale Closings in December 2017 or December 2018.
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