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Brevard County, Florida Condo/Townhouse Market Report June 2018

By
Real Estate Agent with ZOOM Realty Group

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.

 

 

 

Posted by

Diana Zaccaro, PA

Broker Associate

"Your Coastal Connection for Cocoa Beach and the Brevard County Beaches"

Direct: 321.537.7855  - DianaZaccaro@gmail.com

 ZOOM Realty Group

  

 

Comments (2)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

That's great market data for townhome and condo buyers and sellers in the Brevard County, Florida vicinity, Diana!

Aug 05, 2018 02:34 AM
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Myrl Jeffcoat 

Thanks, Myrl. Since it covers the whole county, there can be big differences from one city to another so it might be time to do by city also.

Aug 06, 2018 08:47 PM