Brevard County, Florida Residential Market Summary
Closed Sales were up +3.5% for September 2019 with 775 units closed compared to 749 in September 2018.
Cash sales decreased -16.3% compared to September 2018.
New Pending Sales were down -1.4%.
New Listings were down -2.5%.
The Median Sales Price for Brevard Single Family homes was up +2.1% to $240,000 compared to a year ago when it was $235,000.
Months’ Supply of Inventory is down -12.5% to 2.8 months, a decrease from 3.2 months in September 2018.
Traditional Sales were up +4.3%, with a median sales price of $240,000.
Foreclosure/REO Sales were down -17.6%, with 14 sales and a median sales price of $146,000.
Short Sale Closings were down -66.7% with 1 closed sale in September 2019 compared to 3 sales in September 2018.
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