Find Your Home!

Thursday, October 20, 2016

Brevard County, Florida Townhouse and Condo Market Report September 2016

Provided below is a quick recap of the Brevard County Townhouse/Condo market for September 2016 compared to September 2015:
  • Closed Sales are down -7.9% for September 2016 in which the number of units closed was 220 compared to 239 in September 2015, with a decrease in cash sales of -2.2% compared to September 2015.
  • New Pending Sales are up 13.4%.
  • New Listings are down -4.4%.
  • Median Sales Price for Townhomes/Condos is up 15.6% to $138,700 compared to a year ago, which was $120,000.
  • Months Supply of Inventory is up 6.2% to 3.4 months compared to 3.2 months in September 2015.
  • Traditional Sales are down -4.1% with a median sales price of $141,500.
  • Foreclosure/REO Sales are down -47.4% with a median sales price of $81,650.
  • Short Sale Closings are down -33.3% with a median sales price of $135,000. 
agent@moving2brevard.com

Follow by Email