Brevard County, Florida Residential Market Report May 2018
This report provides a summary of the Brevard County, Florida Residential Market for May 2018 compared to May 2017.
were down -4.5% for May 2018 with 943 units closed compared to 987 in May 2017.
decreased -13.2% compared to May 2017.
New Pending Sales
were up 0.4%.
were up 11.1%.
The Median Sales Price
for Brevard Single Family homes is up 6.6% to $225,000 compared to a year ago, when it was $211,000.
Months’ Supply of Inventory
is up 19.2% to 3.1 months, an increase from 2.6 months in 2017.
are down -1.3%, with a median sales price of $225,000.
are down -65%, with a median sales price of $154,400.
Short Sale Closings
are down -54.5%, with a median sales price of $186,000.
For more information on the Brevard County real estate market, contact me.