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Thursday, October 22, 2015

Brevard County Residential Market Report for September 2015 compared to September 2014

Below is a summary of the Brevard County Residential Report for September 2015 compared to September 2014 as provided by Florida Realtors:
  • Closed Sales are up 11.8% for September 2015 (880 sales compared to 787 in September 2014).
  • New Pending Sales are down -9.9%.
  • New Listings are down -6.3%.
  • Median Sales Price for Townhouses/Condos is up 32.6% ($172,250 compared to a year ago $129,900).
  • Months Supply of Inventory is down -23.5% to 2.7 months vs. 3.6 months in September 2014
  • Traditional Sales are up 41.4% with a median sales price of $184,000.
  • Foreclosure/REO Sales are down -48.2% with a median sales price of $110,000.
  • Short Sale Closing are down -59.5% with a median sales price of $119,200.
 
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