Brevard County, Florida single family home selling prices have been rising steadily.
No surprise here as the supply level has dropped to about 4.2 months. (A market in balance should be around the six month supply mark.) The average single family home sale in 2012 was $152,068 ($144,082 in 2011). The average sales price in November 2013 was $179,059.
The number of short sales is going down while traditional sales and foreclosures are going up. Is this a signal banks are starting to unload some of the foreclosures they had in inventory?
Here is a summary of single family home sales in Brevard County for November 2013.