Brevard County Housing Statistics June 2018

Brevard County Housing Statistics June 2018

June 2018 Brevard County Market Snapshot

MLS Statistics - June 2018

A quick recap of the Brevard County Residential Report for June 2018:

  • Closed Sales are down -7.3% for June 2018 in which the number of units closed was 958 compared to 1,033 in June 2017, with a decrease in cash sales of -12.7% compared to June 2017.

  • New Pending Sales are up 2.4% and New Listings are down -1.4%.

  • The Median Sales Price for Brevard Single Family homes is up 4.5% to $229,950 compared to a year ago, which was $220,000.

  • Months Supply of Inventory is up 14.8% to 3.1 months, an increase from 2.7 months in June 2017.

  • Traditional Sales are down -6.5%, with a median sales price of $232,000.

  • Foreclosure/REO Sales are down -14.7%, with a median sales price of $154,000.

  • Short Sale Closings are down -60%, with a median sales price of $126,125. 

A quick recap of the Brevard County Townhouses/Condos for June 2018:

  • Closed Sales are down -12.9% for June 2018 in which the number of units closed was 223 compared to 256 in June 2017, with a decrease in cash sales of -17.4% compared to June 2017.

  • New Pending Sales are down -5.3 % and New Listings are up 2%.

  • Median Sales Price for Townhomes/Condos is up 13.5% to $175,000 compared to a year ago, which was $154,250.

  • Months Supply of Inventory saw no change. It was 3.4 months in June 2017 and 3.4 months in June 2018.

  • Traditional Sales are down -13.1%, with a median sales price of $175,000.

  • Foreclosure/REO Sales are down -50% with a median sales price of $142,550. 

  • Short Sale Closing statistics are not available as there were no short sales in June 2017. There were two short sales in June 2018 with a median sales price of $127,500.

To see these and previous reports on Brevard MLS Statistics, please click here »


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Dated: July 24th 2018
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