11/19/2024
A quick recap of the Brevard County Residential Report for October 2024:
Closed Sales are down -1.0% for October 2024 in which the number of units closed was 762 compared to 770 in
October 2023, with a decrease in cash sales of -17.8%.
New Pending Sales are down -12.0% and New Listings are down -10.2%.
The Median Sales Price for Brevard Single Family homes is up 6.6% to $383,900 compared to a year ago, which was $360,000.
Months' Supply of Inventory is up 36.7% to 4.1 months, an increase from 3.0 months in October 2023.
Traditional Sales are down -0.7% with a median sales price of $384,950.
Foreclosure/REO Sales are down -80.0% with 1 closed sale and a median sales price of $237,500.
Short Sale Closings N/A with 1 closed sale and a median sales price of $295,000.