A quick recap of the Brevard County Residential Report for April 2024:
- Closed Sales are up 5.6% for April 2024 in which the number of units closed was 1,033 compared to 978 in April 2023, with an increase in cash sales of 3.4%.
- New Pending Sales are up 8.3% and New Listings are up 28.4%.
- The Median Sales Price for Brevard Single Family homes is up 6.7% to $384,000 compared to a year ago, which was $360,000.
- Months' Supply of Inventory is up 71.4% to 3.6 months, an increase from 2.1 months in April 2023.
- Traditional Sales are up 5.6% with a median sales price of $385,000.
- Foreclosure/REO Sales are up 80.0% with 9 closed sales and a median sales price of $230,000.
- Short Sale Closings down -100.0% with 0 closed sales reported with a median sales price of (no sales).
A quick recap of the Brevard County Townhouses/Condos for April 2024
- Closed Sales are down -2.0% for April 2024 in which the number of units closed was 249 compared to 254 in April 2023, with an increase in cash sales of 16.8%.
- New Pending Sales are up 13.1% and New Listings are up 49.5%.
- The Median Sales Price for Brevard Townhouses/Condos is up 10.0% to $330,000 compared to a year ago, which was $300,000.
- Months' Supply of Inventory is up 110.3% to 6.1 months, an increase from 2.9 months in April 2023.
- Traditional Sales are down -2.4% with a median sales price of $330,000.
- Foreclosure/REO Sales are N/A with 1 closed sale and a median sales price of $167,000.
- Short Sale Closings are N/A with 0 closed sales reported.