MLS Statistics – August 2014 (Courtesy of Florida Realtors®’ Industry Data and Analysis Team)

A quick recap of the Brevard County Residential Report for August 2014 compared to August 2013:
 
  • Closed Sales are up 12.8% for August 2014 in which the number of units closed were 874 compared to 775 in August 2013, with an decrease in cash sales by -0.9% compared to August 2013.
  • New Pending Sales are up 6.5% and New Listings are down 2.0%.
  • Median Sales Price for Brevard County Single Family Homes are up 19.2% to $155,000 compared to a year ago, which was $130,000.
  • Median Days on the Markeare up 5.4%, which is 39 days compared to 37 in August 2013.
  • Months Supply of Inventory is down -7.7% to 3.8 months compared to 4.1 months in August 2013.
  • Traditional Sales are up 28.9%, with a median sales price of $172,500.
  • Foreclosure/REO Sales are up 1.9%, with a median sales price of $90,000.
  • Short Sale Closings are down -57.0%, with a median sale price of $145,000.

 

A quick recap of the Brevard County Townhouses/Condos Report for August 2014  compared to August 2013:

  • Closed Sales are down -2.9% for August 2014, with a decrease in cash sales of -4.5% compared to August 2013.
  • New Pending Sales are down -2.6% and New Listings are up 2.4%.
  • The Median Sales Price for Townhouses/Condos are up 15.7% to $125,000.
  • Median Days on the Market are down -26.3%, which is 42 days compared to August  2013, which was 57 days.
  • Months Supply of Inventory is down -14.8%, which is 4.8 months compared to August 2013, which was 5.7 months.
  • Traditional Sales are up 12.6%, with a median sales price of $128,450.
  • Foreclosure/REO Sales are down -33.3%, with a median sales price of $52,250.
  • Short Sale Closings are down -60.0%, with a median sale price of $116,500.

To see these and previous reports on Brevard County MLS Statistics, please 

click here.

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