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Wednesday, September 24, 2014

Brevard County Townhouses/Condos Report for August 2014 compared to August 2013

Brevard County Townhouses/Condos Report for August 2014 compared to August 2013: 
  • Closed Sales are down -2.9% for August 2014, with a decrease in cash sales of -4.5% compared to August 2013. 
  • New Pending Sales are down -2.6% and New Listings are up 2.4%.
  • Median Sales Price for Townhouses/Condos are up 15.7% to $125,000.
  • Median Days on the Market are down -26.3%, which is 42 days compared to August  2013, which was 57 days.
  • Months Supply of Inventory is down -14.8%, which is 4.8 months compared to August 2013, which was 5.7 months.   
  • Traditional Sales are up 12.6%, with a median sales price of $128,450.
  • Foreclosure/REO Sales are down -33.3%, with a median sales price of $52,250.
  • Short Sale Closings are down -60.0%, with a median sale price of $116,500
 Provided by the Space Coast Association of REALTORS® as a service to our members

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