A quick recap of the Brevard County Residential Report for January 2021:
  • Closed Sales are up +17.2% for January 2021 in which the number of units closed was 702 compared to 599 in January 2020, with a decrease in cash sales of -5.5%.
  • New Pending Sales are up +13.7% and New Listings are down -8.2%.
  • The Median Sales Price for Brevard Single Family homes is up +10.8% to $267,000 compared to a year ago, which was $240,982.
  • Months Supply of Inventory is down -53.8% to 1.2 months, a decrease from 2.6 months in January 2020.
  • Traditional Sales are up +20.0%, with a median sales price of $267,044.
  • Foreclosure/REO Sales are down -78.9%, with 4 closed sales and a median sales price of $242,500.
  • Short Sale Closings are up with 3 closed sales and a median sales price of $199,900 compared to 1 closed sales in January 2020.
A quick recap of the Brevard County Townhouses/Condos for January 2021:
  • Closed Sales are up +13.7% for January 2021 in which the number of units closed was 199 compared to 175 in January 2020, with an increase in cash sales of +3.4% compared to January 2021.
  • New Pending Sales are up +17.6% and New Listings are down -11.7%.
  • Median Sales Price for Townhomes/Condos is up +32.4% to $225,000 compared to a year ago, which was $170,000.
  • Months Supply of Inventory is down -41.2% to 2.0 months in January 2021 from 3.4 months in January 2020.
  • Traditional Sales are up +13.1%, with a median sales price of $22.
  • Foreclosure/REO Sales are up with 1 closed sale at $580,000 compared to 0 closed sales in January 2020.
  • Short Sale Closings are unchanged with 0 closed sales in January 2021 and 0 closed sales in January 2020.