$10,000 Closing Credit*
$1,039,900
3,657 SqFt
5 Beds
•4 Full Baths, 1 Partial
Silvia Mozer, Listing Office: RE/MAX ELITE
Is West Brevard, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, West Brevard has remained a Seller's Market.
Key Takeaway
West Brevard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Brevard, FL
How much do homes in West Brevard, FL cost?
Median Sold Price
$574,486
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$54,171(+10.4%)
Key Takeaway
Homes in West Brevard have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in West Brevard was $574,486 in September 2024, up 10.4% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | - | N/A |
| 2 Bedrooms | $415K | $475K | +14.5% |
| 3 Bedrooms | $465K | $507.3K | +9.1% |
| 4 Bedrooms | $598.5K | $652.3K | +9.0% |
| 5+ Bedrooms | $710K | $755K | +6.3% |
Summary: West Brevard housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| West Brevard | $520.3K | $574.4K | +10.4% |
| Melbourne | $384.9K | $418.3K | +8.7% |
| West Melbourne | $409.1K | $423.8K | +3.6% |
| Cocoa-Rockledge | $349.3K | $355K | +1.6% |
| Palm Bay | $334.1K | $329.9K | -1.3% |
Housing Supply in West Brevard, FL
How many homes are available in West Brevard, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 324 | 319 | -1.5% |
Summary: The West Brevard real estate market had 319 homes for sale in September 2024, a 1.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 28 | 22 | -21.4% |
| 3 Bedrooms | 121 | 124 | +2.5% |
| 4 Bedrooms | 140 | 143 | +2.1% |
| 5+ Bedrooms | 35 | 30 | -14.3% |
Summary: The West Brevard housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 74 | 58 | -21.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Brevard, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in West Brevard in September 2024, down by 21.6% month-over-month. Of the 58 sold homes, 47% were sold under asking, 47% were sold at asking, and 7% were sold over asking.
Days on Market for West Brevard, FL
How long does it take to sell a home in West Brevard, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 37 Days | 39 Days | +6.2% |
Summary: Homes in West Brevard had an average of 39 days on market in Sep 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Brevard are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 58 homes were sold in West Brevard; 64% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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