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Wednesday, June 25, 2014

Brevard County Residential Sales May 2014

Below is a summary of the Brevard County Residential Sales Report for May 2014 compared to May 2013:


  • Closed Sales are up 5.7% for May 2014 in which the number of units closed were 851 compared to 805 in May 2013, with an decrease in cash sales by -5.3% compared to May 2013.
  • New Pending Sales are down -8.3% and New Listings are up 8.7%.
  • Median Sales Price for Brevard County Single Family Homes are up 3.8% to $135,000 compared to a year ago, which was $130,000. 
  • Median Days on the Markeare up 2.4%, which is 42 days compared to 41 in May 2013.
  • Months Supply of Inventory is down -0.6% to 3.9 months compared to 3.9 months in May 2013. 
  • Traditional Sales are up 20.6%, with a median sales price of $155,450.
  • Foreclosure/REO Sales are up 7.1%, with a median sales price of $79,900.
  • Short Sale Closings are down -63.7%, with a median sale price of $113,000.

agent@moving2brevard.com

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