Saturday, February 23, 2013

Florida housing market continues upswing

Some interesting information from the Florida Association of Realtors this week:

  • Home Sales continue to rise, mortgage rates remain near historic lows and inventory of homes for sale is lower than its been in years
  • January sales for existing homes was up 11.7 % compared to a year ago
  • The statewide median sales price for single family homes in Florida was $145,000, up 12.4 % from the previous year.
  •  This is the 13th month in a row that statewide median sales prices for both singlefamily homes and for townhouse-condo units have increased year-over-year, according to Florida Realtors’ data.

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