A quick recap of the Brevard County Residential Report for December 2024:
- Closed Sales are up 22.1% for December 2024 in which the number of units closed was 817 compared to 669 in December 2023, with an increase in cash sales of 3.1%.
- New Pending Sales are up 6.8% and New Listings are down -2.1%.
- The Median Sales Price for Brevard Single Family homes is 0.0% to $369,995 compared to a year ago, which was $370,000.
- Months' Supply of Inventory is up 25.0% to 4.0 months, an increase from 3.2 months in December 2023.
- Traditional Sales are up 21.7% with a median sales price of $369,990.
- Foreclosure/REO Sales are up 100% with 4 closed sales and a median sales price of $412,500.
- Short Sale Closings N/A with 1 closed sale and a median sales price of $236,000
A quick recap of the Brevard County Townhouses/Condos for December 2024:
- Closed Sales are up 8.8% for December 2024 in which the number of units closed was 173 compared to 159 in December 2023, with an decrease in cash sales of -8.0%.
- New Pending Sales are up 5.8% and New Listings are up 16.9%.
- The Median Sales Price for Brevard Townhouses/Condos is down -1.2% to $287,500 compared to a year ago, which was $291,000.
- Months' Supply of Inventory is up 44.9% to 7.1 months, an increase from 4.9 months in December 2023.
- Traditional Sales are up 8.2% with a median sales price of $288,750.
- Foreclosure/REO Sales are N/A with 1 closed sale and a median sales price of $105,500.
- Short Sale Closings are N/A with 0 closed sales and a median sales price of (no sales.)