Brevard County Housing Statistics - November 2017

A quick recap of the Brevard County Residential Report for November 2017:

  • Closed Sales are up 5.2% for November 2017 in which the number of units closed was 752 compared to 715 in November 2016, with a decrease in cash sales of -1.6% compared to November 2016.
  • New Pending Sales are up 14.2% and New Listings are up 1.6%.
  • The Median Sales Price for Brevard Single Family homes is up 15.3% to $218,000 compared to a year ago, which was $189,000.
  • Months Supply of Inventory is up 12% to 2.8 months, an increase from 2.5 months in 2016.
  • Traditional Sales are up 9.1%, with a median sales price of $220,000.
  • Foreclosure/REO Sales are down -38.8%, with a median sales price of $141,250.
  • Short Sale Closings are down -50%, with a median sales price of $161,863. 
A quick recap of the Brevard County Townhouses/Condos for November 2017:
  • Closed Sales are down -3.9% for November 2017 in which the number of units closed was 195 compared to 203 in November 2016, with a decrease in cash sales of -8.4% compared to November 2016.
  • New Pending Sales are up 2.3% and New Listings are down -4.5%.
  • Median Sales Price for Townhomes/Condos is up 12.7% to $160,000 compared to a year ago, which was $142,000.
  • Months Supply of Inventory is down -5.6% to 3.4 months in November 2017 from 3.6 in November 2016.
  • Traditional Sales are down -5.2%, with a median sales price of $166,000.
  • Foreclosure/REO Sales increased 12.5% with a median sales price of $97,000. 
  • Short Sale Closings are up 100%, and had a median sales price of $136,500 in November 2017.

Courtesy of Florida Realtors® Industry Data and Analysis Team

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