Brevard Real Estate Market Report – May 2015

Brevard County Market Report - May 2015In May 2015, there were 3727 active listings on the market, a decrease of 20.00% from 4656 in May 2014.

There were 1518 new listings on the market in May 2015. This is down by 4.0% from May 2014 of 1581.

There were 1288 new pending sales. This is up by 5.5% from May 2014 of 1221.

There were 1238 closed sales. This is up by 1.1% from May 2014 of 1225.

The average sales price was $194,682. This is an increase of 18.47% from 2014 at $164,330.

The median sales price in May 2015 was $160,000, compared to $130,000 in 2014, an 23.08% increase.

The average number of days on the market was 68, compared to 85 in 2014.  This is a 20% decrease.

Homes sold for approximately 94% of original list price in May 2015.

There was a 3.3 month supply of homes for sale in January 2015, compared to 4.53 month supply in 2014, a decrease of 27.16%.

 

Information deemed reliable, but not guaranteed.

Source: FLEX MLS Statistical Data

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