Sales Up in the Florida Housing Market

Surging Housing Market Readies for Price Rises. Sales of new homes picked up in March at 4.5% rate, up 30,000 units from February. It’s suggested sales are recovering from the recent economic lull caused by the trade transition and higher interest rates.

The statewide median price for condo-townhouse properties during the quarter was $185,575, up 3.1 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less. Looking at Florida’s condo-townhouse market, statewide closed sales totaled 25,060 during 1Q 2019, down 7.3 percent compared to 1Q 2018.

Florida’s housing market reported more pending sales, higher median prices and increased inventory (active listings) in March compared to a year ago, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 25,013 last month, about the same level as March 2018.

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ORLANDO, Fla., Aug. 8, 2018 /PRNewswire/ — Second-quarter 2018 saw increased sales, higher median prices and more new listings for Florida’s housing market, according to the latest housing data.

Florida’s housing market is so strong largely because of a favorable unemployment rate in the state. The unemployment rate in Florida was at 3.9 percent in January, meaning that more people are employed in Florida than the average nationwide which is 4.2 percent.

The housing market in Florida 2018 has had a great year. The sales numbers for single-family homes have increased in addition to the median.

 · 5 things to watch in Southwest Florida’s new housing market.. Even if the pace of home sales increases, many builders will be challenged to keep up due to a shortage of qualified labor.

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Feb. 21, 2019 – Florida’s housing market reported more new listings. The statewide median sales price for single-family existing homes was $249,900, up 4.1 percent from the previous year, according.

Florida Housing Market: Sales, Median Prices up in May ORLANDO, Fla. – June 20, 2018 – In May, Florida’s housing market reported more sales, higher median prices and more new listings from owners ready to sell, according to the latest housing data released by Florida Realtors.

Closed sales, listings, median price all higher last month.. "Florida's housing market showed a rise in new listings in October, which is a good.

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