December 2020 – Monthly Market Summary in Brevard County

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