A quick recap of the Brevard County Single-Family Report for August 2021:
 
  • Closed Sales are up +7.9% for August 2021 in which the number of units closed was 1,069 compared to 991 in August 2020, with an increase in cash sales of +61.9%.
  • New Pending Sales are up +3.2% and New Listings are up +23.5%.
  • The Median Sales Price for Brevard Single Family homes is up +21.0% to $325,000 compared to a year ago, which was $268,500.
  • Months’ Supply of Inventory is down -38.9% to 1.1 months, a decrease from 1.8 months in August 2020.
  • Traditional Sales are up +8.4%, with a median sales price of $325,000.
  • Foreclosure/REO Sales are down -33.3%, with 8 closed sales and a median sales price of $245,080.
  • Short Sale Closings are 0.0% with 2 closed sales in August 2021 and 2 closed sales in August 2020.
 
A quick recap of the Brevard County Townhouses & Condos Report for August 2021:
 
  • Closed Sales are up +11.1% for August 2021 in which the number of units closed was 300 compared to 270 in August 2020, with an increase in cash sales of +21.4%.
  • New Pending Sales are down -10.7% and New Listings are down -2.8%.
  • Median Sales Price for Townhouses & Condos is up +17.6% to $261,868 compared to a year ago, which was $222,750.
  • Months’ Supply of Inventory is down -48.1% to 1.4 months in August 2021 from 2.7 months in August 2020.
  • Traditional Sales are up +10.8%, with a median sales price of $263,660.
  • Foreclosure/REO Sales are N/A, with 1 closed sale and a median sales price of $170,000.
  • Short Sale Closings are 0.0% with 1 closed sale in August 2021 and 1 closed sale in August 2020.