Brevard County, Florida Residential Market Report July 2018
This report provides a summary of the Brevard County, Florida Residential Market for July 2018 compared to July 2017.
Closed Sales were up 9.6% for July 2018 with 958 units closed compared to 874 in July 2017.
Cash sales increased 0.5% in July 2018 compared to July 2017.
New Pending Sales were down -6.2%.
New Listings were down -9.4%.
The Median Sales Price for Brevard County, Florida Single Family homes is up 4.1% to $229,000 in July 2018 compared to July 2017, when it was $220,000.
Months’ Supply of Inventory is up 10.7% to 3.1 months, an increase from 2.8 months in July 2017.
Traditional Sales are up 11.3%, compared to July 2017with a median sales price of $230,000.
Foreclosure/REO Sales were down -34.5%, with a median sales price of $140,000.
Short Sale Closings were down -20%, with a median sales price of $140,000.
For more information on the Brevard County, Florida
real estate market, call, text or email me.
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