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Wednesday, June 25, 2014

Brevard County, Florida Townhouse and Condo Sales Report for May 2014

Brevard County Townhouses/Condos Report for May 2014 compared to May 2013: 


  • Closed Sales are down -1.3% for May 2014, with a decrease in cash sales of -9.5% compared to May 2013. 
  • New Pending Sales are down -0.8% and New Listings are up 2.0%.
  • The Median Sales Price for Townhouses/Condos are up 12.4% to $118,000.
  • Median Days on the Market are down -10.9%, which is 49 days compared to May 2013, which was 55 days.
  • Months Supply of Inventory is up 1.5%, which is 5.4 months compared to May 2013, which was 5.4 months.   
  • Traditional Sales are up 9.3%, with a median sales price of $139,900.
  • Foreclosure/REO Sales are up 2.1%, with a median sales price of $50,600.
  • Short Sale Closings are down -82.6%, with a median sale price of $85,000.


agent@moving2brevard.com

Above statistics provided by Space Coast Association of Realtors®

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