November 2023: Brevard County - The Space Coast Housing Market Report

• Closed Sales are up 18.5% for November 2023 in which the number of units closed was 795 compared to 671 in November 2022, with an increase in cash sales of 45.3%.
• New Pending Sales are up 6.3% and New Listings are up 14.6%.
• The Median Sales Price for Brevard Single Family homes is up 3.4% to $367,000 compared to a year ago, which was $355,000.
• Months' Supply of Inventory is up 25.0% to 3.0 months, an increase from 2.4 months in November 2022.
• Traditional Sales are up 18.4% with a median sales price of $367,130.
• Foreclosure/REO Sales are 0.0% with 3 closed sales and a median sales price of $300,000.
• Short Sale Closings are N/A with 1 closed sale and a median sales price of $455,000

TOWNHOMES AND CONDOS:

• Closed Sales are up 6.2% for November 2023 in which the number of units closed was 172 compared to 162 in November 2022, with an increase in cash sales of 33.7%.
• New Pending Sales are up 22.9% and New Listings are up 42.9%.
• The Median Sales Price for Brevard Single Family homes is down -1% to $287,000 compared to a year ago, which was $289,950.
• Months' Supply of Inventory is up 87.5% to 4.5 months, an increase from 2.4 months in November 2022.
• Traditional Sales are up 6.8% with a median sales price of $287,000.
• Foreclosure/REO Sales are down -100% with 0 closed sales and a median sales price of (no sales.)
• Short Sale Closings are N/A with 0 closed sales and a median sales price of (no sales.)

Follow us on Facebook Veltri Group of Brevard: Lew & Tina Veltri

GET IN TOUCH: