December 2020 – Monthly Market Summary in Brevard County
December 2020, closed out nearly a full year of pandemic era sales here in Brevard county.
Inventory of both single-family and townhome/condo residences were very low at 1.4 and 2.3 months of inventory respectively. Making this a seller’s market here in Brevard.
It was not unusual for some home to receive multiple offers.
Single Family homes had an Average sales price of $335,807 and Townhomes/Condos had an average sales price of $263,143.
We have buyers actively looking to buy in your area. If you are looking to sell, contact me, Brenda Brooks at (561) 951-7332 to schedule an appointment.
|December 2020||Single Family Homes||Townhouses and Condos|
|Paid in Cash||204||104|
|Median Sale Price||$270,000||$223,000|
|Average Sale Price||$335,807||$263,143|
|Dollar Volume||$347.2 Million||$68.7 Million|
|Med. Pct. of Orig. List Price Received||98.40%||96.40%|
|Median Time to Contract||15 Days||25 Days|
|Median Time to Sale||61 Days||63 Days|
|New Pending Sales||822||233|
|Inventory (Active Listings)||1,258||552|
|Months Supply of Inventory||1.4||2.3|