Florida’s existing home, condo sales rise in the third quarter of 2011

The National Association of Realtors today reported that existing home sales in April rose-the eighth consecutive month with sales increases nationwide! That sounds like a trend to me! Home sales in Florida rose 18%, with a total of 13,111 homes sold statewide compared to 11,133 in April 2008.

Florida’s Existing Home, Condo Sales Rise in 2Q 2009 ORLANDO, Fla., Aug. 12, 2009 – Sales of existing single-family homes in florida rose 23 percent in second quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from the Florida Association of Realtors (FAR).

Existing development already over-stresses Miami Beach’s infrastructure, built decades before sea level worried researchers, Florida State University. Thirty-two new condo towers have been proposed.

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As senior population rises in Florida, lots more new housing is on the way for them. Florida is a national leader in drawing senior citizens from other states as permanent residents.

Florida Sales Report – 3rd Quarter 2011 Existing Condominiums Realtor Sales Median Sales Price Statewide & Metropolitan Statistical Areas (MSAs) 3rd Qrtr. 2011 3rd Qrtr. 2010 % Chge 3rd Qrtr. 2011 3rd Qrtr. 2010 % Chge STATEWIDE* (1) 20,383 17,980 13 $89,600 $83,700 7 Daytona Beach 459 505 -9 $158,100 $119,800 32

Florida Existing Home Sales Rise 4.1% in April. April was the 76th month in a row that the statewide median sales prices for both single-family homes and townhouse-condo properties rose year.

Nationally, Total existing-home sales, including single family homes and condos, decreased 1.8 percent to a seasonally adjusted annual rate of 5.180 million in the fourth quarter, down from 5.273 million in the third quarter, according to NAR. That number is 7.4 percent lower than the 5.593 million-pace during the fourth quarter of 2017.

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The Miami Association of Realtors reported earlier this month a 51% increase from last year in third-quarter existing home sales, which include single-family homes and condos.

The statewide median price for condo-townhouse properties during the quarter was $195,000, up 2.9% over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less. Looking at Florida’s condo-townhouse market, statewide closed sales totaled 34,128 during 2Q 2019, down 1.4% compared to 2Q 2018.

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The median sales price for an existing home in Broward jumped 15.9 percent to $211,000 in October from $182,100 a year earlier, according to the Greater Fort Lauderdale Realtors.

Florida’s Existing Home, Condo Sales Rise in 3Q 2009 ORLANDO, Fla., Nov. 10, 2009 – Sales of existing single-family homes in Florida rose 33 percent in third quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors.