Brevard County Real Estate Statistics December 2020

Our market is still trending with a low inventory of single-family homes. This also includes many builders. Prices continue to increase.

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.

The condo/townhome market continues with the same trend.

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%.
The 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.