September 2014 Residential Report for Brevard County

Vero Beach
Dale Sorensen Real Estate, Inc.
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  • Closed Sales are up 25.7% for September 2014 in which the number of units closed were 787 compared to 626 in September 2013, with an increase in cash sales by 20.3% compared to September 2013.
  • New Pending Sales are up 19.4% and New Listings are down -2.3%.
  • Median Sales Price for Brevard County Single Family Homes are up 8.3% to $129,900 compared to a year ago, which was $119,900. 
  • Median Days on the Markeare up 30.0%, which is 39 days compared to 30 in September 2013.
  • Months Supply of Inventory is down -17.6% to 3.6 months compared to 4.3 months in September 2013. 
  • Traditional Sales are up 40.4%, with a median sales price of $159,450.
  • Foreclosure/REO Sales are up 20.4%, with a median sales price of $80,250.
  • Short Sale Closings are down -43.9%, with a median sale price of $73,950.

 

Courtesy of the Space Coast Area Association of Realtors

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