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Wednesday, September 24, 2014

Brevard County Residential Report for August 2014 compared to August 2013

Some highlights from the August 2014 single family homes sales statistics compared to August 2013 sales data.

  • Closed Sales are up 12.8% for August 2014 in which the number of units closed were 874 compared to 775 in August 2013, with an decrease in cash sales by -0.9% compared to August 2013.
  • New Pending Sales are up 6.5% and New Listings are down 2.0%.
  • Median Sales Price for Brevard County Single Family Homes are up 19.2% to $155,000 compared to a year ago, which was $130,000. 
  • Months Supply of Inventory is down -7.7% to 3.8 months compared to 4.1 months in August 2013. 
  • Traditional Sales are up 28.9%, with a median sales price of $172,500.
  • Foreclosure/REO Sales are up 1.9%, with a median sales price of $90,000.
  • Short Sale Closings are down -57.0%, with a median sale price of $145,000.
 Provided by the Space Coast Association of REALTORS® as a service to our members.   

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