top of page

Brevard County Real Estate Market Report for January 2022


Unemployment Rates

A healthy economy has a 3-5% unemployment rate, however a 3-5% unemployment rate does not always indicate a healthy economy.


National Unemployment Rate


2021 2022


Adams Insight: When the COVID-19 pandemic started, the national unemployment rate reached 13%. I believe it was much higher then published but even 13% is damaging to countries economy. In the last 2 years our employment numbers have returned to a normal range, but the housing market has not.


Florida Unemployment Rate

(Added when published by state)


2021 2022

February

March

April

May

June

July

August

September

October

November

December


Brevard County Property Sales Statistics


This image displays two charts.  One chart compares New Listings to Sold Listing to Active Listings.  The other chart displays the values of which homes have been sold.
Brevard County Real Estate Metrics

Brevard County Properties Sold


2021 2022

January 989 988

February 1,179

March 1,553

April 1,515

May 1,349

June 1,522

July 1,332

August 1,397

September 1,257

October 1,354

November 1,232

December 1,332


Adams Insight: Home sales are about 45% higher in December of 2021 than in December of 2018 (a healthy market). In December of 2018, 892 homes were sold. In December of 2018, there were 4,080 homes available on the market to choose from, in 2022 there were only 1,347. The increase in demand combined with the reduced inventory has created a feeding frenzy. If you are determined to buy a home in 2022 you better plan on finding a deal (few available even for cash buyers) or be prepared to pay top dollar.


Brevard County New Listings


2021 2022

January 1,396 1,294

February 1,420

March 1,536

April 1,582

May 1,469

June 1,602

July 1,669

August 1,538

September 1,398

October 1,413

November 1,262

December 1,063


Brevard County Active Listings
Chart displaying the sold to list ratio with extremely high numbers.  Every home is being sold, even junk!
Amazing above 95% and close to 100%. Either the sales people are good or we've run out of land!


2021 2022

January 2,018 1,174

February 1,702

March 1,479

April 1,515

May 1,367

June 1,420

July 1,593

August 1,665

September 1,727

October 1,615

November 1,521

December 1,347


Brevard County Absorption Rate
The chart displays the absorption rate in months, starting 2021 at 1.4 and starting 2022 at .09
Fewer homes are available each month

2021 2022

January 1.68 0.88

February 1.40

March 1.20

April 1.06

May 1.06

June 1.07

July 1.18

August 1.25

September 1.29

October 1.21

November 1.14

December 1.01


Brevard County Average Sales Price

2021 2022

January $298,597 $354,264

February $291,443

March $315,019

April $346,745

May $331,249

June $348,784

July $358,399

August $363,348

September $367,150

October $357,873

November $355,011

December $368,250


Brevard County Median Days on Market

2021 2022

January 15 7

February 15

March 12

April 9

May 8

June 7

July 7

August 7

September 7

October 6

November 6

December 7


Brevard County Short Sales / Bank Owned / Auctions

2021 2022

January 10 10

February 13

March 10

April 16

May 8

June 20

July 14

August 17

September 9

October 7

November 13

December 11


Written by Adam Maxfield

Real Estate Sales and Investing

Keller Williams Realty of Brevard

(321) 423-8283


Commentaires


bottom of page