Brevard buyers faced high mortgage rates with 30-year fixed rates between 7.5 to 8%. Brevard’s real estate market slowed in November, even though there was a year-over-year increase in closed single-family home sales by over 18.5%, and townhouse and condo sales by 6.2%.
Brevard’s housing market in April showed continuing trends from the past few months, with more for-sale inventory (active listings) and higher median sales prices for condo-townhouse units compared to a year ago.
In May, Brevard’s housing market had more for-sale inventory (active listings) compared to a year ago, while the county median sales prices remained relatively flat year-over-year.
In May, Brevard’s housing market had more for-sale inventory (active listings) compared to a year ago, while the county median sales prices remained relatively flat year-over-year.