April 2018 MLS Statistics

 

A quick recap of the Brevard County Residential Report for April 2018:
  • Closed Sales are up 12.7% for April 2018 in which the number of units closed was 907 compared to 805 in April 2017, with a decrease in cash sales of -6.7% compared to April2017.
  • New Pending Sales are down -0.7% and New Listings are up 7.7%.
  • The Median Sales Price for Brevard Single Family homes is up 11.2% to $227,500 compared to a year ago, which was $204,655.
  • Months Supply of Inventory is up 16% to 2.9 months, an increase from 2.5 months in 2017.
  • Traditional Sales are up 17.4%, with a median sales price of $228,000.
  • Foreclosure/REO Sales are down -64.1%, with a median sales price of $138,750.
  • Short Sale Closings are down -71.4%, with a median sales price of $133,250. 
A quick recap of the Brevard County Townhouses/Condos for April 2018:
  • Closed Sales are up 7.2% for April 2018 in which the number of units closed was 253 compared to 236 in April 2017, with an increase in cash sales of 0.8% compared to April 2017.
  • New Pending Sales are up 15.5 % and New Listings are up 6.8%.
  • Median Sales Price for Townhomes/Condos is up 18.8% to $190,000 compared to a year ago, which was $160,000.
  • Months Supply of Inventory has decreased to 3.5 months in April 2018 from 3.7 months in April 2017.
  • Traditional Sales are up 6.9%, with a median sales price of $192,000.
  • Foreclosure/REO Sales are up 100% with a median sales price of $98,000. 
  • Short Sale Closing statistics are down -100%, as there were no short sales in April 2018 and one in April 2017.

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