More Sales, Higher Prices in Florida Housing Market

ORLANDO, Fla. – Florida’s housing market reported more new listings, higher median prices and fewer days to a sales contract during the first quarter of 2016, according to the latest housing data.

If a recession develops in 2019-2020, Florida real estate prices could drop substantially causing a fantastic buying opportunity of up to 50% or more off current home prices.

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Florida’s housing market continues positive trend! Florida’s housing market had more closed sales, more pending sales, higher median prices and a reduced inventory of homes for sale in August, according to the latest housing data released by Florida Realtors®.

Florida had more home sales and higher prices in June Florida’s housing market had more closed home sales, higher median prices and more new listings in June, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 28,205 last month, up 4.3 percent compared to June 2016.

Home price gains. rates surged higher. The supply of homes even began to rise slightly during the winter and spring, and then rates began falling again. That brought buyers back to the market,

GRAY – May’s regional housing market could not match the decade-high closings benchmark set in May last year, but that did not hold back home price. s 84 more than the first five months of last.

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July Housing Market Update. According to NAR, home sales rose 9% nationwide, while days on market (-8%)and listings dropped (.4%) in July. July is usually not a big month for real estate sales so an 8% price may predict even higher price rise rates in the fall. NAR believes home prices will rise 9% YoY.

 · Fla. – Oct. 21, 2014 – Florida’s housing market reported more closed sales, higher median prices, increased new listings and a rise in inventory in September, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 20,792 last month, up 13.5 percent over September 2013. The statewide median.

Naples Real Estate Market Forecasts 2019 & 2020. The median home value in Naples is $320,300 on Naples home values have gone up 1.1% over the past year and Zillow predicts they will fall -1.4% within the next year.