Brevard County, Florida Residential Market Report August 2015
Closed Sales were up 0.3% for August 2015. 877 closed compared to 874 in August 2014.
Cash Sales decreased -9.3% compared to August 2014.
New Pending Sales were up 5.9%.
New Listings were down -2.5%.
Median Sales Price for Brevard County Single Family Homes increased 10.3% to $171,000 compared to August 2014 when it was $155,000.
Median Days on the Market are down -30.8%, or 27 days compared to 39 days in August 2014.
Months’ Supply of Inventory is down -26.2% to 2.8 months compared to 3.8 months in August 2014.
Traditional Sales increased 15.0%, with a median sales price of $188,125.
Foreclosure and REO Sales are down -34.4%, with a median sales price of $92,000.
Short Sale Closings are down -50.0%, with a median sale price of $160,000.
If you want to know what your home is worth, text or call me at 321.537.7855.
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