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Brevard County Housing Sales statistics!

A quick recap of the Brevard County Residential Report for April 2016 compared to April 2015:

Closed Sales are down -3.6% for April 2016 in which the number of units closed were 881 compared to 914 in April 2015, with a decrease in cash sales by -14.2% compared to April 2015.
New Pending Sales are down -20.5% and New Listings are up 4.9%
The Median Sales Price for Brevard Single Family homes is up 16.1% to $179,900 compared to a year ago, which was $155,000.
Months Supply of Inventory is up 3.4% at 3.0 months compared to 2.9 months in April 2015
Traditional Sales are up 11.8%, with a median sales price of $185,000.
Foreclosure/REO Sales are down -59.2%, with a median sales price of $112,143.
Short Sale Closing are down -53.8%, with a median sales price of $83,000.

A quick recap of the Brevard County Townhouses/Condos for April 2016 compared to April 2015:

Closed Sales are up 8.4% for April 2016 in which the number of units closed were 257 compared to 237 in April 2015, with a decrease in cash sales by -6.8% compared to April 2015.
New Pending Sales are down -11.6% and New Listings are up 13.7%
Median Sales Price for Townhomes/Condos stayed the same at $140,000.
Months Supply of Inventory is down -2.3% to 4.2 months compared to 4.3 months in April 2015.
Traditional Sales are up 21.6%, with a median sales price of $147,500.
Foreclosure/REO Sales are down -61.8%, with a median sales price of $69,500.
Short Sale Closing are down -50.0%, with a median sales price of $109,000.

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