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Wednesday, March 16, 2011

Foreclosures, Short Sales Dominate Real Estate Sales in Zip Code 32955 – Rockledge and Viera, Florida

Within the Rockledge, Florida and Viera areas included in the 32955 zip code there are currently 251 active residential proeprties listed for sale.

Of these homes for sale there are only 15 active foreclosure (bank owned) single family homes which is really not a significant share of the active listings in Rockledge.

Add the 64 short sale listings in the 32955 area and you find these “distressed properties” represents only about 32% of all the active properties.

However, when one looks at what has sold (single family residential 02/01/11 through 03/15/11) in Rockledge you will almost half (47%) of all properties selling are short sales or foreclosures. 

Interestingly 27 of the homes sold during that period (53%) were built between 2005 and 2011.  What does all this tell sellers?

If you are considering selling your Rockledge, Florida home call me directly at 321-693-3850 to discuss how I can work for you!  If you prefer, email me.

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.

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