There were 147 short sales that closed in Brevard County during April 2011. Of these, seventeen were in Rockledge, Viera, and Suntree – my areas of concentration although I work throughout Brevard County.
The average days on the market for these 17 short sale properties – almost 134 days! That is just about four and a half months!
This just reinforces my admonition to short sale buyers – patience! Of course, when you are involved in a short sale the time really crawls!
Even as a real estate agent working with buyers time crawls! I had a negotiator tell me today that the deal I was getting antsy about had only been in the works three months – not four as I had thought!
Imagine watching an entire professional baseball season one pitch at a time!