More Inventory, Fewer Sales in Florida’s Housing Market

Toronto real estate saw higher prices, but more inventory and less sales could spell trouble for the market in the upcoming months. October 5, 2017 Toronto real estate prices warmed up in September, but this report wasn’t indication of a hot market.

Florida Housing Market Gets Tighter with Rising Prices, Less Inventory and More Closed Sales June 23, 2015 ORLANDO, FL – Tightening inventory continued to impact Florida’s housing market in May, according to the latest housing data released by Florida Realtors.

Wayne T. Price, florida today published 10:36 a.m. ET Nov.. But Brevard County's housing market appears to be entering that traditional deceleration. The median sales price is the point in which half the homes sell for less, half for more.. Even more telling is that that the month's supply of inventory for.

Florida’s condo-townhouse market recorded 6,739 closed sales in January, a 10.9 percent decline from the previous year. The decline in sales was counterbalanced by more selections for homebuyers: The statewide inventory level for single-family homes grew by 13.8 percent year-over-year, while condo-townhouse inventory listing rose 10.1 percent over the same period and reached their highest level since May 2012.

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January 2018 Southwest Florida Real Estate Market Update. That bodes well for closed sales heading into season. New listings rose 9.8% in November over last year. One could argue that sales have been riding even or ahead of last year, but down from 2016 levels is the fact that inventory has been low.

Learn more about the job market here in Tampa.. Skeptics point out that housing sales slowed down in 2018, which is. But that's not the case in Florida and in cities like Tampa, where. Instead, any slowdown in the economy seems less likely to impact the housing market since inventory remains low.

“There's not enough inventory of homes for sale, and builders aren't building, Low inventory – December 2016 data, which is just a few days old, shows that the. a busy month for Florida's housing market, with more sales, more new listings,

Dec. 22, 2014 /PRNewswire/ — Florida’s housing market reported higher median prices and a stable inventory. closed sales totaled 7,227 last month, down 5.4 percent compared to November 2013. The.