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Thursday, May 19, 2016

Brevard County, Florida Residential Real Estate Market Summary April 2016

Below is a summary of the Brevard County residential market for April 2016 compared to April 2015 as provided by the Florida Realtors.. 
  • Closed Sales - decreased 3.6% in April 2016 with 881 units closed compared to 914 in April 2015.
  • Cash Sales - dropped 14.2% compared to April 2015.
  • New Pending Sales - down 20.5%.
  • New Listings - up 4.9%
  • Median Sales Price for Brevard Single Family homes - up 16.1% to $179,900 compared to a year ago which was $155,000.
  • Months Supply of Inventory - up 3.4% at 3 months vs. 2.9 months last year.
  • Traditional Sales - increased 11.8% with a median sales price of $185,000.
  • Foreclosure/REO Sales - down 59.2% with a median sales price of $112,143.
  • Short Sale Closings - down 53.8% with a median sales price of $83,000.
For information on buying a home in Florida call or text me at 321-693-3850. 

agent@moving2brevard.com

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