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 |
| Closed Sales | 1,034 | 261 |
| 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 |
| New Listings | 817 | 226 |
| Pending Inventory | 1,384 | 366 |
| Inventory (Active Listings) | 1,258 | 552 |
| Months Supply of Inventory | 1.4 | 2.3 |