Space Coast April Market Report

Space Coast Market Snapshot for April 2022

Single Family Homes:         2022                2021          Percent Change

Median sales price        $360,000         $294,450               22.3%

Homes Sold                         1035                  1172                     -11.7%

Days on Market                       7                     10                       -30%

Condo & Townhouse    $288,350          $255,000                 13.1%

Homes Sold                           306                   361                      -15.2%

Days on Market                       8                       12                      -33.3%

These number show a continued strong market with VERY limited inventory. The interest rates have started to hurt areas that have a higher percentage of mortgages (Palm Bay, Cocoa, Titusville). This looks like it will allow first time buyers to jump back into the market!