MLS Statistics - December 2013

A quick recap of the Brevard County Residential Report December 2013 compared to December 2012:

Closed Sales are up 23.8% for the month of December in which the number of units closed were 724 compared to 585 last December 2012 with an increase in cash sales by 17.7% compared to December 2012.
New Pending Sales are up 14.8% and New Listings are up 13.0%.
Median Sales Price for Brevard County Single Family Homes are up 7.9% to $129450 compared to a year ago which was $120000.
Median Days on the Market are down -2.41% which is 40 days compared to 41 last December.
Months Supply of Inventory is up 5.2% to 4.4 months compared to 4.2 months last December.
Traditional Sales are up 39.8% with a Median Sales Price of $152950.
Foreclosure/REO Sales are up 55.9% with a Median Sales Price of $87000.
Short Sale Closings are down -45.1% with a median sale price of $120000.

A recap of the Townhouses/Condos December 2013 statistics compared to December 2012:

Closed Sales are down -9.8% for the month of December with a decrease in "cash" sales of -6.1% compared to December 2012.
New Pending Sales are up 15.9% and New Listings are up 4.8%.
The Median Sales Price for Townhouses/Condos are up 12.1% to $120000.
Median Days on the Market are down -1.9% which is 52 days compared to December 2012 which was 53 days.
Months Supply of Inventory is up 16.1% which is 5.8 months compared to December 2012 which was 5.0 months.
Traditional Sales are down -2.9% with a Median Sales Price of $131500.
Foreclosure/REO Sales are down -13.8% with a median sales price of $93000.
Short Sale Closings are down -42.1% with a median sale price of $95000