Leave a Message

Thank you for your message. We will be in touch with you shortly.

Brevard County Real Estate Statistics November 2020

Brevard County Real Estate Statistics November 2020
Of note for single-family homes, the month’s supply of inventory is down to 1.5 months. Lower than I can remember in 20 years, which is creating a price increase of +14.6%.
 
Condos and townhomes are trending the same way inventory is down to 2.4 months and a price increase of +21%.
 

A Quick Recap of the Brevard County Single Family Report for November 2020

 
  • Closed sales are up +10.8%for November 2020 in which the number of units closed was 892 compared to 805 in November 2019, with an increase in cash sales of +10.0% compared to November 2019.
  • New pending sales are up +10.1%and new listings are down -7.4%.
  • The median sales price for Brevard single-family homes is up +14.6%to $275,000 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 November 2019.

A Quick Recap of the Brevard County Townhouses/Condos for November 2020

 
  • Closed sales are up +15.2%for November 2020 in which the number of units closed was 242 compared to 210 in November 2019, with an increase in cash sales of +23.5% compared to November 2019.
  • New pending sales are down -1.2%and new listings are up +3.9%.
  • The median sales price for townhomes/condos is up +21.0%to $236,000 compared to a year ago, which was $195,000.
  • Months supply of inventory is down -29.4% to 2.4 months in November 2020 from 3.4 months in November 2019.
If you have any questions or need further information please contact me!

Work With Sandy

My knowledge of the area can save you the time and frustration of looking at homes that do not meet your needs. My marketing experience in selling homes provides results.

Follow Along!