A quick recap of the Brevard County Residential Report for Q3 2021:
  • Closed Sales are down -2.4% for Q3 2021 in which the number of units closed was 3,118 compared to 3,196 in Q3 2020, with an increase in cash sales of 34.5%.
  • New Pending Sales are up +0.9% and New Listings are up +14.1%.
  • The Median Sales Price for Brevard Single Family homes is up +20.8% to $320,000 compared to a year ago, which was $264,908.
  • Months Supply of Inventory is down -37.5% to 1.0 months, a decrease from 1.6 months in Q3 2020.
  • Traditional Sales are down -1.8% with a median sales price of $320,000.
  • Foreclosure/REO Sales are down -47.5% with 21 closed sales and a median sales price of $256,500.
  • Short Sale Closings are
  • down -37.5% with 5 closed sales and a median sales price of $260,000.
A quick recap of the Brevard County Townhouses/Condos for Q3 2021:
  • Closed Sales are down -8.1% for Q3 2021 in which the number of units closed was 797 compared to 867 in Q3 2020, with an increase in cash sales of +1.6%.
  • New Pending Sales are down -8.1% and New Listings are up +7.1%.
  • Median Sales Price for Townhomes/Condos is up +17% to $245,788 compared to a year ago, which was $210,000.
  • Months Supply of Inventory is down -44.0% to 1.4 months in Q3 2021 from 2.5 months in Q3 2020.
  • Traditional Sales are down -8.1% with a median sales price of $247,490.
  • Foreclosure/REO Sales are up 100% with a median sales price of $138,550.
  • Short Sale Closings are down -50% with 1 closed sale in Q3 2021 and 2 closed sales in Q3 2020.