Is West Brevard, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Brevard is a seller's market

Buyer's
Market

Difference Since September 2020

At the same time last year, West Brevard was a Neutral Market.

Key Takeaway

West Brevard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in West Brevard, FL cost?

Median Sold Price

$416,843

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2020

+$26,176(+6.7%)

Key Takeaway

Homes in West Brevard have sold for 6.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $92K$215K
+133.7%
2 $286.4K$345.8K
+20.7%
3 $338.2K$351.4K
+3.9%
4 $435K$505K
+16.1%
5+ $534.8K$620.5K
+16.0%

Median Sold Price Compared To Nearby Cities

Melbourne
+21.3%
Palm Bay
+18.6%
West Melbourne
+18.4%
West Brevard
+6.7%

How many homes are available in West Brevard, FL?

Number of Homes For Sale

Aug 2021Sep 2021%
11785-27.4%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 00
0.0%
2 98
-11.1%
3 4525
-44.4%
4 4845
-6.3%
5+ 157
-53.3%

Number of Homes Sold

Aug 2021Sep 2021%
5825-56.9%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Brevard, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West Brevard are selling fast, if you're buying plan to act quickly.

About West Brevard, FL

Number of homes for sale in West Brevard, FL real estate market have reached 85. In September 2021 in West Brevard, FL there were 27.4% less homes for sale than in August 2021. Between August 2021 and September 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 133.7%, 2 bedrooms properties became 20.7% more expensive, 3 bedrooms properties prices increased by 3.9%, 4 bedrooms properties became 16.1% more expensive, 5 bedrooms properties prices increased by 16%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 11.1%, number of 3 bedrooms homes decreased by 44.4%, number of 4 bedrooms homes decreased by 6.3%, 5 bedrooms homes inventory decreased by 53.3%. West Brevard, FL housing market in September 2021 saw over 7 listings sold above listed price, more than 11 sold at listed price and over 7 sold below.

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