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A quick recap of the Brevard County Residential Report for 2021:
- Closed Sales are up +9.8% for 2021 in which the number of units closed was 12,581 compared to 11,457 in 2020, with an increase in cash sales of +48.7%.
- New Pending Sales are up +4.7% and New Listings are up +2.2%.
- The Median Sales Price for Brevard Single Family homes is up +16.9% to $308,000 compared to a year ago, which was $263,500.
- Months' Supply of Inventory is down -35.7% to 0.9 months, a decrease from 1.4 months in 2020.
- Traditional Sales are up +10.8% with a median sales price of $309,620.
- Foreclosure/REO Sales are down -49.4% with 85 closed sales and a median sales price of $219,900.
- Short Sale Closings are down -35.0% with 13 closed sales and a median sales price of $275,250.
A quick recap of the Brevard County Townhouses/Condos for 2021:
- Closed Sales are up +16.8% for 2021 in which the number of units closed was 3,511 compared to 3,005 in 2020, with an increase in cash sales of +29.6%.
- New Pending Sales are up +14.7% and New Listings are up +2%.
- Median Sales Price for Townhomes/Condos is up +14.8% to $241,000 compared to a year ago, which was $210,000.
- Months' Supply of Inventory is down -54.2% to 1.1 months in 2021 from 2.4 months in 2020.
- Traditional Sales are up +17.0% with a median sales price of $242,000.
- Foreclosure/REO Sales are down -7.1% with a median sales price of $177,500.
- Short Sale Closings are down -33.3% with 2 closed sales in 2021 and 3 closed sales in 2020.
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