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Sunday, July 04, 2010

Short Sale Properties Moving in Brevard County Florida During June 2010

Single family houses selling as short sales in Brevard County Florida comprised about 23% of all single family homes sold in June 2010.  That is an increase over the 110 or so that closed in May 2010.

Could it be the banks have become more responsive to offers?  Only time will tell if that is the case.  Short sale prices in Brevard County ranged from a $25,000 to $510,000 – quite a range, for sure.

Areas experiencing the most closings included the Palm Bay area and Melbourne areas (south Brevard County) which accounted for almost half of all short sales in Brevard County.

These areas also have about 500 of the 1130+ short sales on the market at this time.  Incidentally the total number of single family homes for sale in Brevard County is 5,134 with 22% of this number being short sales. 

[The above information does not include condos and town houses on the market as short sales.]

For information on short sales on the market in Brevard County, please email me or give me a call at 321-693-3850.

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.

Whether your interest lies in a 55+ community such as Heritage Isle, a golf course community such as Baytree National Golf Links or water front, let me help you!

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