October 2016 Condo Townhouse Market Report Brevard County, Florida

By
Real Estate Agent with Veterans Realty of Brevard - NOT just for Veterans!

 

October 2016 Condo and Townhouse Market Report for Brevard County, Florida

 

This report compares the Brevard County, Florida Condo and Townhouse Market for October 2016 to that of October 2015.

Closed Sales

are down -11.2% for October 2016 in which the number of units closed was 183 compared to 206 in October 2015.

Cash sales

decreased by  -24.4% compared to October 2015.

New Pending Sales

are down -42.9% 

and

New Listings

are down -17.7%.

Median Sales Price 

for Townhomes/Condos is up 8.9% to $147,000 compared to a year ago, which was $135,000.

Months' Supply of Inventory

is up 3% to 3.4 months compared to 3.3 months in October 2015.

Traditional Sales

are down -3.9%, with a median sales price of $152,000.

Foreclosure/REO Sales

are down -63%, with a median sales price of $70,501.

Short Sale Closings 

are down -100%, with a median sales price of $147,500.

Call, text or email me for more information about the Brevard County, Florida Real Estate Market.
 
Posted by

Diana Zaccaro, SFR, CPMS, BPOR

"Your Cocoa Beach Connection"

Direct: 321.537.7855

DianaZaccaro@gmail.com

 Veterans Realty of Brevard

is not just for veterans!

 

 

 

 

 

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Rainmaker
1,467,887
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

thanks for the market update on Condos and townhouses in Brevard County FLA - it is always helpful to know what is going on around the country! 

Nov 29, 2016 08:06 PM #1
Rainmaker
1,673,488
Winston Heverly
Winston Realty, Inc. - Atlantis, FL
GRI, ABR, SFR, CDPE, CIAS, PA

Can you believe we are almost into December? Where has the year gone, certainly moving way to fast. Hope you finish out the year at a record pace.

Nov 29, 2016 08:34 PM #2
Ambassador
3,555,116
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Diana

Nice overview of the BrevardCounty townhouse condo market. There were lots of changes, both positive and negative compared to a year ago. Buyers and sellers now need to talk with you to understand what all this means for their decision making for buying or selling a home.

Jeff

Nov 29, 2016 09:55 PM #3
Ambassador
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Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
Get Results Team...Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Thank you for an informational post on your local real estate market.

Nov 29, 2016 11:05 PM #4
Rainmaker
648,997
Diana Zaccaro
Veterans Realty of Brevard - NOT just for Veterans! - Cocoa Beach, FL
Your Brevard County, Florida coastal connection!

Lise Howe 

I like reading the market reports from agents around the country and getting a "boots on the ground" look at what's happening in different areas. Thanks!

 

Dec 02, 2016 10:08 AM #5
Rainmaker
648,997
Diana Zaccaro
Veterans Realty of Brevard - NOT just for Veterans! - Cocoa Beach, FL
Your Brevard County, Florida coastal connection!

Winston Heverly I guess it really is true that the older we get, the faster time goes by...seems like it was just last Christmas!

 

Dec 02, 2016 10:09 AM #6
Rainmaker
648,997
Diana Zaccaro
Veterans Realty of Brevard - NOT just for Veterans! - Cocoa Beach, FL
Your Brevard County, Florida coastal connection!

Jeff Dowler 

Thanks, Jeff!

Buyers and sellers are hit with so much information from so many sources that it overwhelms them. People seem to like the market reports and do call to discuss their situation and options but I expect it to be slow until after the holidays.

Diana

 

Dec 02, 2016 10:14 AM #7
Rainmaker
648,997
Diana Zaccaro
Veterans Realty of Brevard - NOT just for Veterans! - Cocoa Beach, FL
Your Brevard County, Florida coastal connection!

Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900 

Thanks, Michelle! Glad you enjoyed it.

Diana

Dec 02, 2016 10:15 AM #8
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Rainmaker
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Diana Zaccaro

Your Brevard County, Florida coastal connection!
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