3. • A quick recap of the Brevard County Townhouses/Condos for July 2017:
• •Closed Sales are up 18% for July 2017 in which the number of units closed was 223
compared to 189 in July 2016, with an increase in cash sales of 12% compared to
July 2016.
• •New Pending Sales are down -5% and New Listings are up 16.5%.
• •Median Sales Price for Townhomes/Condos is up 15% to $161,000 compared to a
year ago, which was $140,000.
• •Months Supply of Inventory is down -10.5% to 3.4 months compared to 3.8
months in July 2016.
• •Traditional Sales are up 21.5%, with a median sales price of $164,900.
• •Foreclosure/REO Sales saw no change with a median sales price of $64,000.
• •Short Sale Closings are down -100%, with no sales in July 2017.