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Thursday, December 20, 2012

Short Sales in Brevard County, Florida–What the past 12 months show (Dec 2011–Nov 2012)

Earlier this week I wrote about the risks associated with short sales as the market improves (read this as rising prices, increased demand).

What is really happening in the short sale market in Brevard County?

Here is a look at the previous 12 months residential short sale activity (December 2011 through November 2012). Monthly data has been combined into three month averages to provide a general picture.

Over the previous six months list and sales prices have both climbed.  Of the 2825 residential listings in Brevard County only 385 are short sales (13.62%).

Take a look at these numbers and if you are thinking of buying or selling a short sale in Brevard County, Florida call me at 321-693-3850.   The market is changing so this may be the time to act!

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