This update is brought to you by the
Space Coast Association of REALTORS® as a service to our members.
Within this email is a recap of the housing statistics for September 2020 in Brevard. Current and archived MLS Statistical reports are also available on the Association's website.
Feel free to contact us with any real estate questions you might have. We have years of experience, and are here to assist you.
Leah Selig, CEO
Space Coast Association of REALTORS®
You will find monthly, quarterly, and yearly reports of Brevard County Sales, detailed by Single Family Homes and Townhouses/Condos, on our website. In addition, there are Yearly Distressed Market Summaries for both types of properties.
A quick recap of the Brevard County Residential Report for September 2020:
- Closed Sales are up +29.3% for September 2020 in which the number of units closed was 1,002 compared to 775 in September 2019, with an increase in cash sales of +28.6% compared to September 2019.
- New Pending Sales are up +35.2% and New Listings are up +10.0%.
- The Median Sales Price for Brevard Single Family homes is up +8.3% to $260,000 compared to a year ago, which was $240,000.
- Months Supply of Inventory is down -42.9% to 1.6 months, a decrease from 2.8 months in September 2019.
- Traditional Sales are up +30.7%, with a median sales price of $260,000.
- Foreclosure/REO Sales are down -50.0%, with 7 sales and a median sales price of $254,900.
- Short Sale Closings are up +100.0% with 2 closed sales, and a median sales price of $142,250.
A quick recap of the Brevard County Townhouses/Condos for September 2020:
- Closed Sales are up +25.1% for September 2020 in which the number of units closed was 274 compared to 219 in September 2019, with an increase in cash sales of +55.3% compared to September 2019.
- New Pending Sales are up +23.8% and New Listings are up +16.6%.
- Median Sales Price for Townhomes/Condos is down -5.0% to $190,000 compared to a year ago, which was $199,990.
- Months Supply of Inventory is down -26.5% to 2.5 months in September 2020 from 3.4 months in September 2019.
- Traditional Sales are up +25.2%, with a median sales price of $190,000.
- Foreclosure/REO Sales are down -100.0%, with 0 closed sales compared to 1 closed sale in September 2019.
- Short Sale Closings are up +100.0% with 1 closed sale in September 2020 compared to 0 closed sales in September 2019.
To see these and previous reports on Brevard MLS Statistics, please visit our resource library by clicking here then open the MLS Full Reports folder to search by year. You can also grab market snapshot graphics that you can brand and share via email or social media, in the resource library by clicking on the Market Snapshot Graphics for Social folder.
