Brevard County, Florida Condo and Townhouse Market Report November 2016
Closed Sales
were up 17.3% for November 2016 with 203 units closed vs. 173 in November 2015
Cash sales
increased 13.3% compared to November 2015.
New Pending Sales
were up 9% and
New Listings
were up 15.9%.
Median Sales Price for Townhomes/Condos
was up 3.3% to $142,000 compared to a year ago, which was $137,500.
Months' Supply of Inventory
is up 9.1% to 3.6 months compared to 3.3 months in November 2015
Traditional Sales
are up 20.5%, with a median sales price of $145,000.
Foreclosure/REO Sales
are down -20%, with a median sales price of $100,500.
Short Sale Closings
are down -50%, with a median sales price of $115,500.
For more information on the Brevard County, Florida Real Estate market, call or email me.
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