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Wednesday, February 22, 2017

Brevard County, Florida Condominium Sales Report For January 2017

Provided below is a summary recap of the Brevard County Townhouses/Condos for January 2017 compared to January 2016:
  • Closed Sales are up 24.8% for January 2017 with 186 units closed compared to 149 in January 2016, with a increase in cash sales of 40.7% compared to January 2016.
  • New Pending Sales are up 15.3%.
  • New Listings are down -5.6%.
  • Median Sales Price for Townhomes/Condos is up 4.8% to $143,000 compared to a year ago, which was $136,500.
  • Months Supply of Inventory is down -5% to 3.8 months compared to 4 months in January 2016.
  • Traditional Sales are up 31.6%, with a median sales price of $144,000.
  • Foreclosure/REO Sales are down -41.7%, with a median sales price of $95,000.
  • Short Sale Closings are down -100%. Year-over-year data is not available as there were no sales in January 2017. The January 2016 median short sale sales price was $62,000.
Ready to buy a condo in Florida?  Call or text me at 321-693-3850.
 
 
agent@moving2brevard.com

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