Brevard County 3rd Quarter Real Estate Update

The numbers are in…and just as our seasons change…so does the real estate market! Sales are up and inventory is down. Most homes are selling in less than 30 days. Here is a break down of the numbers:

From July 1 to September 30, we sold almost 2,400 residential properties in Brevard County. These include single family homes, town homes, condos, 1/2 duplexes, and manufactured homes.

  • 1374 of these properties or 57% of our sales were traditional sales.
  • 605 of these properties or 25% were short sales.
  • 381 of these properties or almost 13% of our sales were REO/Bank owned properties.
  • 1,100 properties sold in 30 days or less
  • 1180 properties were CASH transactions…almost half!

Below is an updated Market Pulse that will show a year to date monthly overview of our Real Estate Market

3rd Qtr Market Pulse

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