Fla. Market: Median Prices Up, Amid Low Oct. InventoryFlorida Realtors’ data: Demand, low inventory impact prices. Single-family home median sale price up 17.7% to $358,950, condo median price up 17.6% to $260,000.
ORLANDO, Fla. – Florida’s housing market showed higher median prices, more cash sales and tight inventory levels in October compared to a year ago, according to Florida Realtors® latest housing data. …continue
Fla.’s Housing Market: Median Prices, Cash Sales Up in 3QFlorida Realtors’ data: Higher median prices – up 18.4% for single-family homes to $355,000; up 18.6% to $254,900 for condos – than 3Q 2020. Condo-townhouse sales up 13%, though single-family home sales were down slightly (-1.1%), at least in part due to tight inventory. …continue
Fla. Builders Investing Heavily in New Single-Family ConstructionHow many new homes are being built? A study looked at building permits and year-to-year increases as of June. Out of all U.S. cities, 10 Fla. metros are in the top 20. …continue
Sept. Single-Family Starts Flat – but Up So Far This YearStarts dropped 1.6% overall, but single-family changed little with multifamily down 5%. Year-to-date, however, single-family starts are up 20.5% compared to last year. …continue
NAR August Pending Home Sales Bounce Back by 8.1%WASHINGTON – Pending home sales rebounded in August, recording significant gains after two prior months of declines, according to the National Association of Realtors® (NAR). …continue
