Brevard County, Florida Condos/Townhouse Market Summary - August 2019
Closed Sales were up +7.3% for August 2019 with 263 units closed compared to 245 in August 2018.
Cash sales increased +1.7% compared to August 2018.
New Pending Sales were up +4.3%.
New Listings were down -16.0%.
The Median Sales Price for Condos/Townhouses was up +2.8% to $185,000 compared to August 2018 when it $180,000.
Months’ Supply of Inventory remained unchanged at +0.0% to 3.5 months in August 2019 from 3.5 months in August 2018.
Traditional Sales were up +7.9%, with a median sales price of $185,500.
Foreclosure/REO Sales were down -33.3%, with 2 sales and a median sales price of $155,000.
Short Sale Closings were unchanged at +0.0% with 1 closed sales in August 2019 compared to 1 sales in August 2018.
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