Interested in Property Values for the Space Coast of Florida? This comparison list shows that the market is up and the median sales price for homes jumped 8.1%! That’s great news for the Space Coast and a good indicator of things to come!

What did Property Values for the Space Coast of Florida look like for the past year? This comparison list shows that the market is up and the median sales price for homes jumped 8.1%! That’s great news for the Space Coast and a good indicator of things to come!

A quick recap of the Brevard County Residential Report for December 2014 compared to December 2013:

  • Closed Sales are up 12.0% for December 2014 in which the number of units closed were 811 compared to 724 in December 2013, with an increase in cash sales by 2.6% compared to December 2013.
  • New Pending Sales are up 4.1% and New Listings are down -1.3%.
  • Median Sales Price for Brevard County Single Family Homes are up 8.1% to $139,900 compared to a year ago, which was $129,450.
  • Median Days on the Market are down -12.5%, which is 35 days compared to 40 in December 2013.
  • Months Supply of Inventory is down -25.4% to 3.3 months compared to 4.4 months in December 2013.
  • Traditional Sales are up 25.9%, with a median sales price of $157,200.
  • Foreclosure/REO Sales are up 6.5%, with a median sales price of $104,001.
  • Short Sale Closings are down -63.0%, with a median sale price of $125,000.

A quick recap of the Brevard County Townhouses/Condos Report for December 2014  compared to December 2013:

  • Closed Sales are up 57.2% for December 2014, with a increase in cash sales of 41.3% compared to December 2013.
  • New Pending Sales are down -5.1% and New Listings are down -3.7%.
  • The Median Sales Price for Townhouses/Condos are the same at $120,000.
  • Median Days on the Market are down -21.2%, which is 41 days compared to December 2013, which was 52 days.
  • Inventory is down -27.4%, which is 4.2 months compared to December 2013, which was 5.8 months.
  • Traditional Sales are up 68.6%, with a median sales price of $129,838.
  • Foreclosure/REO Sales are up 48.0%, with a median sales price of $84,325.
  • Short Sale Closings are down -27.3%, with a median sale price of $102,000.

If you need any information on buying or selling on the Space Coast of Florida please visit our website which has a full home search for you to take advantage of or call 321-351-1441 to

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