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Tuesday, January 20, 2015

Brevard County, Florida Residential Sales Activity - December 2014 vs. December 2013

The below recap of the Brevard County residential real estate activity for December 2014 compared to December 2013 as provided by the Space Coast Association of Realtors®.
  
  • Closed Sales are up 12.0% for December 2014 with 811 closed units compared to 724 in December 2013 with an increase in cash sales by 2.6%.
  • New Pending Sales are up 4.1%.
  • New Listings are down -1.3%.
  • Median Sales Price for Brevard County single family homes are up 8.1% to $139,900 compared to last December's $129,450. 
  • Median Days on the Market was down -12.5% at 35 days compared to 40 in December 2013.
  • Months Supply of Inventory is down -25.4% to 3.3 months compared to 4.4 months in December 2013. 
  • Traditional Sales are up 25.9% with a median sales price of $157,200.
  • Foreclosure/REO Sales are up 6.5% with a median sales price of $104,001.
  • Short Sale Closings are down -63.0% with a median sale price of $125,000.
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