Brevard County, Florida Condo Townhouse Market Summary September 2019

By
Real Estate Agent with Tropical Beachside brokered by eXp

Brevard County, Florida Condo Townhouse Market Summary September 2019

  

Closed Sales were up +19.0% for September 2019 with 219 units closed compared to 184 in September 2018.

 

Cash sales decreased -19.1% compared to September 2018.

 

New Pending Sales were down -8.4%.

 

New Listings were down -19.9%.

 

Median Sales Price for Townhomes/Condos was up +18.3% to $199,990 compared to a year ago, when it was $169,000.

 

Months’ Supply of Inventory was down -2.9% to 3.4 months in September 2019 from 3.5 months in September 2018.

 

Traditional Sales were up +21.1%, with a median sales price of $199,745.

 

Foreclosure/REO Sales were down -75.0%, with 1 sale and a median sales price of $220,000.

 

Short Sale Closings were unchanged at +0.0% with no closed sales in September 2019 compared to no closed sales in September 2018.

 

For more information on the Brevard County, Florida real estate market,

call, text or email me.

 

 

Posted by

Diana Zaccaro, PA

Broker Associate - REALTOR®

"Your Coastal Connection for Cocoa Beach

and the Brevard County Beaches"

Direct: 321.537.7855  - DianaZaccaro@gmail.com

 Tropical Beachside

brokered by eXp LLC

  

 

 

 

Comments (6)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

That's a very strong market, Diana. Interesting that you follow the level of cash sales... not something we typically do in m market.

Nov 19, 2019 10:08 AM
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Nina Hollander 

Hi Nina, Cash sales account for about 50% of our sales so it is an important metric to track. We need listings...supply and demand has kicked in. Diana

Nov 19, 2019 05:01 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It may have slowed in some circles but you’re hanging in there and it’s definitely noticeable. Nice work!

Nov 24, 2019 09:06 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I will say I love Silas condo to anybody who’s willing to hear it! Here’s hoping for a lot of quick sales for you, Diana!

Nov 24, 2019 09:08 PM
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Laura Cerrano 

That I am and hoping that listings increase after the holidays.

 

Nov 29, 2019 07:03 PM
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Laura Cerrano 

Thanks, Laura. Supply and demand has kicked in so I need listings to make sales!

 

Nov 29, 2019 07:06 PM

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