Florida Median Sales Prices Up for 86th Straight Month

Fla. Housing Market: Sales, Listings, Median Prices Up in Aug. 2017 FULL ARTICLE ORLANDO, Fla., Sept. 20, 2017 – Florida’s housing market continued its positive track in August, with more closed sales, increased pending sales, more new listings and rising median prices, according to the latest housing data released by Florida Realtors.

In February, statewide median sales prices for both single-family homes and condo-townhouse properties increased year-over-year for the 86th consecutive month. The statewide median sales price for single-family existing homes was $250,000, up 1.3 percent from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations.

ORLANDO, Fla., June 20, 2018 /PRNewswire/ — 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.

TALLAHASSEE-Florida home sales fell slightly in April, but state Realtors were quick to say Tuesday that median price and pending sales rose dramatically during the month. a third straight year of.

According to the National Association of Realtors (NAR), the national median sales price for existing single-family homes in January 2018 was $241,700, up 5.7 percent from the previous year; the.

Fewer homes sold and they sold for less last month in Northeast Florida. But pending sales, where contracts have been signed but the sale hasn’t closed, were up last month after seven straight.

Sales were up 6.0 percent to 2,983. Inventory levels fell 7.4 percent to 9,173 units. Prices continued to gain traction. The Median Sales Price increased 5.2 percent to $242,000. Days on Market was up 5.0 percent to 63 days. Buyers felt empowered as Months Supply of Inventory was down 12.5 percent to 3.5 months.

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The statewide median sales price for single-family existing homes last month was $240,000, up 6.7 percent from the previous year, according to data from Florida Realtors Research department in.

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June sales of existing single-family homes in Palm Beach County jumped nearly 14 percent from the same time last year as median prices increased 7 percent to $225,000. At the same time, inventory continues to shrink, falling 43 percent from June of 2011 to a 5 month supply.

The national median existing-home price for all housing types in August was $278,200, up 4.7% from August 2018 ($265,600). August’s price increase marks the 90th straight month of year-over-year.

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