A quick recap of the Brevard County Residential Report for October 2020:
  • Closed Sales are up +39.2% for October 2020 in which the number of units closed was 1,029 compared to 739 in October 2019, with an increase in cash sales of +14.8% compared to October 2019.
  • New Pending Sales are up +18.0% and New Listings are up +4.8%.
  • The Median Sales Price for Brevard Single Family homes is up +14.2% to $274,150 compared to a year ago, which was $240,000.
  • Months Supply of Inventory is down -46.4% to 1.5 months, a decrease from 2.8 months in October 2019.
  • Traditional Sales are up +41.2%, with a median sales price of $274,535.
  • Foreclosure/REO Sales are down -61.5%, with 5 sales and a median sales price of $244,000.
  • Short Sale Closings are down -100.0% with 0 closed sales compared to 1 sale in October 2019
A quick recap of the Brevard County Townhouses/Condos for October 2020:
  • Closed Sales are up +27.7% for October 2020 in which the number of units closed was 281 compared to 220 in October 2019, with an increase in cash sales of +19.2% compared to October 2019.
  • New Pending Sales are up +9.0% and New Listings are down -10.8%.
  • Median Sales Price for Townhomes/Condos is up +15.1% to $213,000 compared to a year ago, which was $185,000.
  • Months Supply of Inventory is down -31.4% to 2.4 months in October 2020 from 3.5 months in October 2019.
  • Traditional Sales are up +28.6%, with a median sales price of $213,000.
  • Foreclosure/REO Sales are down -33.3%, with 2 closed sales compared to 3 closed sale in October 2019.
  • Short Sale Closings are unchanged with 0 closed sales in October 2020 and 0 closed sales in October 2019.