Brevard County Florida Residential Sales (including short sales) for January 2012
A few observations about the January 2012 residential market in Brevard County, Florida
- About one in four residential closings in January 2012 was a short sale.
- About half of all residential transactions were cash deals.
- There are two markets - distressed and "regular" markets.
- The average selling price of non-short sale and non-foreclosure properties was $173,000 vs. $105,505.
All (includes regular and distressed) Brevard County Florida Residential Sales January 2012 (Single Family)
- Residential Properties Sold - 400
- Average List Price - $149,565
- Average Sell Price - $141,279
- List/Sell Ratio 94%
- Cash transactions - 200
- Conventional Loans - 103
- FHA Loans - 67
- Median List Price - $99,000
- Median Sell Price - $95,000
Only Residential Short Sales
- Residential Properties Sold - 102
- Average List Price - $109993
- Average Sell Price - $105505
- List/Sell Ratio - 96%
- Cash transactions - 45
- Conventional Loans - 23
- FHA Loans - 27
- Median List Price - $92,000
- Median Sell Price - $89,450
Data extracted from Brevard MLS system on February 5, 2012.
