Brevard Real Estate Closed Sales Up 13 Percent
According to the latest housing data released by Florida Realtors®, Florida’s housing market had more closed sales, higher pending sales, higher median prices and a reduced inventory of homes for sale in December.
December marks the 12th consecutive month of higher statewide median sales prices for both single-family homes and for townhouse-condo units year-to-year, according to Florida Realtors’ data.
“The market continues to improve, and it’s doing so in all parts of the state,” said Florida Realtors Chief Economist Dr. John Tuccillo. “Of note is the fact that inventory levels are now clearly consistent with a sellers’ market. When the final year-end statistics are compiled, expect that sales in 2012 will be more than 10 percent higher than they were in 2011. Once again, all the positive indicators are up significantly. The Florida real estate market is rapidly improving.”
The national median sales price for existing single-family homes in November 2012 was $180,600, up 10.1 percent from the previous year according to the National Association of Realtors® (NAR).
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Monthly Market Summary Single Family Homes December 2012 Brevard County
Monthly Market Summary Condos & Town Homes December 2012 Brevard County