Brevard County Real Estate Market Report - May 2015

By
Real Estate Broker/Owner with M & M Realty of Brevard Inc. BK629999
https://activerain.com/droplet/4FXl

Brevard County Real Estate Market Report – May 2015

Brevard County Real Estate Market Watch Report - May 2015

 

In May 2015, there were 3727 active listings on the market, a decrease of 20.00% from 4656 in May 2014.

There were 1518 new listings on the market in May 2015. This is down by 4.0% from May 2014 of 1581.

There were 1288 new pending sales. This is up by 5.5% from May 2014 of 1221.

There were 1238 closed sales. This is up by 1.1% from May 2014 of 1225.

The average sales price was $194,682. This is an increase of 18.47% from 2014 at $164,330.

The median sales price in May 2015 was $160,000, compared to $130,000 in 2014, an 23.08% increase.

The average number of days on the market was 68, compared to 85 in 2014.  This is a 20% decrease.

Homes sold for approximately 94% of original list price in May 2015.

There was a 3.3 month supply of homes for sale in January 2015, compared to 4.53 month supply in 2014, a decrease of 27.16%.

 

Information deemed reliable, but not guaranteed.

Source: FLEX MLS Statistical Data

 

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Ambassador
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Sandy, thanks for the Brevard County market report.  Your average and median sales prices went up considerably since last year!  Good news for sellers!

Jul 09, 2015 10:23 AM #1
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Sandy.  Thanks for the Brevard County real estate market update.

Jul 09, 2015 10:12 PM #2
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Rainmaker
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Sandy Shores FL Realtor®, Melbourne Real Estate

Brevard County Real Estate, Florida's Space Coast
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