Brevard County, Florida Condo/Townhouse
Market Report June 2018
This report provides a summary of the Brevard County, Florida Condo/Townhouse Market for June 2018 compared to June 2017.
Closed Sales were down -12.9% in June 2018 with 223 units closed compared to 256 in June 2017.
Cash sales decreased -17.4% compared to June 2017.
New Pending Sales are down -5.3 %.
New Listings are up 2%.
Median Sales Price for Townhomes/Condos is up 13.5% to $175,000 compared to a year ago, which was $154,250.
Months’ Supply of Inventory saw no change. It was 3.4 months in June 2018 and 3.4 months in June 2017.
Traditional Sales are down -13.1%, with a median sales price of $175,000.
Foreclosure/REO Sales are down -50% with a median sales price of $142,550.
Short Sale closing statistics are not available as there were no short sales in June 2017. There were two short sales in June 2018 with a median sales price of $127,500.