Brevard County Housing Market Report: August 2024
A quick recap of the Brevard County Residential Report for August 2024:
Closed Sales are down -2.6% for August 2024 in which the number of units closed was 912 compared to 936 August 2023, with a decrease in cash sales of -13.4%.
New Pending Sales are down -2.3% and New Listings are up 2.6%.
The Median Sales Price for Brevard Single Family homes is up 4.1% to $385,000 compared to a year ago, which was $370,000.
Months' Supply of Inventory is up 66.7% to 4.0 months, an increase from 2.4 months in August 2023.
Traditional Sales are down -2.8% with a median sales price of $385,000.
Foreclosure/REO Sales are up 100% with 4 closed sales and a median sales price of $257,500.
Short Sale Closings N/A with 0 closed sale and a median sales price of (No Sales.)
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