April 2013 Home Sale Stats for Brevard County

Linda Symmonds Your Beachside Realtor !

Linda Symmonds
Your Beachside Realtor !

fl home 3Have Questions ?  Call Me at  ( 321 ) 704- 2502

Total residential sales came in at $135 million — up $28 million from last April.
Sales volume for single family homes was a stellar 864 residential units, the highest number of closings in the month of April since 2004 and the highest number of closings in Brevard since June 2004.

Add to that the median price of $123,750 and April clearly proved that

the “bottom” is in our rear view mirror 

Median home prices have been at or above $100,000 for over a full year now, after a $92,000 median in January 2012.
This April was the first April with a median of $120,000 or higher since April 2009.
Meanwhile, inventory (2,526 active residential units) is still in a holding pattern and near historical lows.
Inventory is now DOWN about 80% from the levels of 5 years ago.
The average number of days a house is on the market before selling (DOM) increased slightly from last month to 83 days,
which is still substantially lower than January 2012’s 125 day average.
Keep in mind though, this is just the average. Many great Brevard homes are actually being snapped up in a matter of days or weeks. 

After digesting this data, we still predict sales price levels and volume will continue WELL above 2012 levels for all types of residential properties, at least through the first half of 2013.

April 2013 MLS Market Quick Stats
Median SINGLE FAMILY sales price:  $123,750
  UP $13,000 from the previous month
UP $17,800 from two months ago
  UP $23,250 from a year ago
Total number of residential sales closed:  864  

  UP 4.9% from the previous month

  UP 15.4% from a year ago

Total $ value of residential sales:  $135 Million

 Last month:  $118.8 Million
 One year ago:  $106.8 Million

 Ready to Buy or Sell ?

Call me at ( 321 ) 704-2502

 E- Mail : Linda@BrevardBeachsideLiving.com


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