A quick recap of the Brevard County Residential Report for December 2020:
  • Closed Sales are up +15.8% for December 2020 in which the number of units closed was 1,034 compared to 893 in December 2019, with an increase in cash sales of +21.4% compared to December 2019.
  • New Pending Sales are up +19.5% and New Listings are up +8.9%.
  • The Median Sales Price for Brevard Single Family homes is up +8.9% to $270,000 compared to a year ago, which was $248,000.
  • Months Supply of Inventory is down -46.2% to 1.4 months, a decrease from 2.6 months in December 2019.
  • Traditional Sales are up +17.5%, with a median sales price of $271,000.
  • Foreclosure/REO Sales are down -66.7%, with 7 closed sales and a median sales price of $209,900.
  • Short Sale Closings are up with 2 closed sales and a median sales price of $328,050 compared to 0 closed sales in December 2019.
A quick recap of the Brevard County Townhouses/Condos for December 2020:
  • Closed Sales are up +3.6% for December 2020 in which the number of units closed was 261 compared to 252 in December 2019, with an increase in cash sales of +16.9% compared to December 2019.
  • New Pending Sales are up +33.9% and New Listings are down -1.7%.
  • Median Sales Price for Townhomes/Condos is up +16.2% to $223,000 compared to a year ago, which was $191,850.
  • Months Supply of Inventory is down -28.1% to 2.3 months in December 2020 from 3.2 months in December 2019.
  • Traditional Sales are up +4.4%, with a median sales price of $223,000.
  • Foreclosure/REO Sales are down -100.0%, with 0 closed sale compared to 2 closed sale in December 2019.
  • Short Sale Closings are unchanged with 0 closed sales in December 2020 and 0 closed sales in December 2019.