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Thursday, March 31, 2011

March 2011 Brevard Home Sales Look Up – Less Distressed Properties Sold

Nothing but rain in Brevard County, Florida today – the last day of March 2011.

So here is the early, early scoop on single family home sales for March in Brevard County.

As of this afternoon there have been 512 closings  for single family homes in Brevard County.  That is only seven below February’s 519 closings so it will certainly climb as closings are entered into the MLS system throughout the next week.

Another positive sign (hopefully it stands) is there were 79 short sales and 197 REO/foreclosures among the sold properties.  That represents only 53% of the sales which is better than February’s 59% of all sales being distressed properties.

Stay tuned  for updates..

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