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Thursday, May 19, 2016

Brevard County, Florida Condo Market Summary Report April 2016

This is a summary of the Brevard County, Florida townhouse and condo market for April 2016 compared to April 2015 as provided by the Florida Realtors. 

The condensed version....prices about the same with fewer distressed sales.
  • Closed Sales - increased  8.4% for April 2016  with 257 units closed compared to 237 in April 2015.
  • Cash Sales - decreased  6.8% vs. to April 2015.
  • New Pending Sales - decreased 11.6%.
  • New Listings - up 13.7%
  • Median Sales Price for Townhomes/Condos - remained the same at $140,000.
  • Months Supply of Inventory - dropped 2.3% to 4.2 months compared to 4.3 months in April 2015.
  • Traditional Sales - climbed 21.6% with a median sales price of $147,500.
  • Foreclosure/REO Sales - dropped 61.8% with a median sales price of $69,500.
  • Short Sale Closings - down 50.0%, with a median sales price of $109,000.
For information on buying a condo in Florida, call or text me at 321-693-3850.
 
 
agent@moving2brevard.com

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