April 2023: Brevard County - The Space Coast Housing Market Report
A quick recap of the Brevard County Residential Report for April 2023:
- Closed Sales are down -5.5% for April 2023 in which the number of units closed was 978 compared to 1,035 in April 2022, with an decrease in cash sales of -27.5%.
- New Pending Sales are up 6.7% and New Listings are down -10.3%.
- The Median Sales Price for Brevard Single Family homes is 0.0% to $360,000 compared to a year ago, which was $360,000.
- Months' Supply of Inventory is up 133.3% to 2.1 months, an increase from 0.9 months in April 2022.
- Traditional Sales are down -5.9% with a median sales price of $360,000.
- Foreclosure/REO Sales are up 66.7% with 5 closed sales and a median sales price of $215,000.
- Short Sale Closings are up 200.0% with 3 closed sales and a median sales price of $650,000.
A quick recap of the Brevard County Townhouses/Condos for April 2023:
- Closed Sales are down -17.0% for April 2023 in which the number of units closed was 254 compared to 306 in April 2022, with a decrease in cash sales of -29.4%.
- New Pending Sales are down -10.4% and New Listings are down -8.7%.
- Median Sales Price for Townhomes/Condos is up 4.0% to $300,000 compared to a year ago, which was $288,350.
- Months' Supply of Inventory is up 163.6% to 2.9 months in April 2023 from 1.1 months in April 2022.
- Traditional Sales are down -17.0% with a median sales price of $300,000.
- Foreclosure/REO Sales are N/A with a median sales price of (no sales.)
- Short Sale Closings are N/A with (no sales) in April 2023 and (no sales) in April 2022.
Categories
Recent Posts
Do You Need a Realtor When Buying New Construction in Florida?
Melbourne, Florida Explained: Which Area Is Right for You?
Selling a Parent’s Home? Don’t Make Repairs Until You Do This
Do You Need a Home Inspection on New Construction?
Do You Have the Legal Right to Sell Your Parent’s Home?
Buying New Construction While the Builder Is Still Building: What Happens If You Need to Sell?
Selling a Parent’s Home in Brevard County: What Families Need to Know
2 Mistakes to Avoid When Selling a Parent’s Home in Brevard County
5 Mistakes to Avoid When Selling a Parent’s Home in Brevard County
Beachside vs. Mainland: Where Should You Live on Florida’s Space Coast?
Raised on Florida’s Space Coast, Tina Veltri brings local insight and a hands-on approach to every move. Buy | Build | Sell | Relocate with Confidence — and experience strategic staging, smart pricing, and proven results.