Sales Up in the Florida Housing Market

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.

Learn what drives real estate market conditions. See absorption. strong sales kept inventory at low levels, accelerating the price rise that started April 2010.

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While the Miami housing market leads the way admidst 6 consecutive years of price growth, the Florida market overall is doing well. According to Zillow, home prices have risen 9.6% over the last year to the current average of 223,200, and they predict a further increase of 6.1% in 2019.

According to new data from Florida Realtors, the State of Florida’s housing market reported increased sales, higher median prices, more pending sales and gains in inventory (active listings) in May compared to a year ago. Sales of single-family homes statewide totaled 30,742 last month, up 9.6% over May 2018.

Metro Orlando home sales slid 5.4 percent in February compared with the same. The median selling price for single-family homes was up slightly from. Central Florida's real estate market is mirroring what is happening.

Oct. 19, 2018 /PRNewswire/ — Florida’s housing market reported more closed sales. Looking at Florida’s condo-townhouse market, statewide closed sales totaled 8,492 last month, up 14.6 percent.

Looking at Florida’s condo-townhouse market, statewide closed sales totaled 34,376 during 2Q 2018, up 4.7 percent compared to 2Q 2017. To see the full statewide housing activity reports, go to.

Sales of single-family homes statewide totaled 30,742 last month, up 9.6% over May 2018. "Low interest rates continue to fuel buyer demand in Florida’s housing market," said 2019 Florida Realtors President Eric Sain, a Realtor and district sales manager with Illustrated Properties in Palm Beach.

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[Source: Business Observer] Lakewood Ranch climbs to No. 2 nationally in home sales. Florida Politics] Florida investor closes third Dallas-Fort Worth multifamily property buy in as many months.

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Forecasts for the housing market in 2019. In its U.S. economic and housing market outlook for 2019, CoreLogic economists forecast growth in home prices to drop by one percentage point as higher.

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Housing Market Predictions 2020. The forecast for housing markets in 2020 is good for home sellers. listings have not grown which has pushed prices up a further 5+% in July according to NAR’s pre-release report for July.