Here are the latest Market Updates for April 2021. Not sure if it's the right time for you to make a move?
Call me today - Let's Chat about it.
A quick recap of the Brevard County Residential Report for April 2021:
- Closed Sales are up +43.3% for April 2021 in which the number of units closed was 1,099 compared to 767 in April 2020, with an increase in cash sales of +186.4%.
- New Pending Sales are up +57.4% and New Listings are up +31.9%.
- The Median Sales Price for Brevard Single Family homes is up +13.6% to $289,801 compared to a year ago, which was $255,000.
- Months Supply of Inventory is down -69.0% to 0.9 months, a decrease from 2.9 months in April 2020.
- Traditional Sales are up +43.0%, with a median sales price of $289,950.
- Foreclosure/REO Sales are up +33.3%, with 8 closed sales and a median sales price of $288,500.
- Short Sale Closings are up +300.0% with 4 closed sales and a median sales price of $159,750.
A quick recap of the Brevard County Townhouses/Condos for April 2021:
- Closed Sales are up +87.1% for April 2021 in which the number of units closed was 348 compared to 186 in April 2020, with an increase in cash sales of +150.0%.
- New Pending Sales are up +93.7% and New Listings are up +56.2%.
- Median Sales Price for Townhomes/Condos is up +18.3% to $254,389 compared to a year ago, which was $214,950.
- Months Supply of Inventory is down -65.7% to 1.2 months in April 2021 from 3.5 months in April 2020.
- Traditional Sales are up +89.1%, with a median sales price of $254,389.
- Foreclosure/REO Sales are down -33.3%, with 2 closed sales and a median sales price of $275,500.
- Short Sale Closings are unchanged with 0 closed sales in April 2021 and 0 closed sales in April 2020.