March 2021: Florida Housing Report
Condos/Townhomes Lead Spring Sales Surge
Spring buying season is back — and we're seeing some of the highest numbers for closed sales in years, with the condo/townhome category leading the way.
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August: Sales Up From July but Down Year-Over-Year
Closed sales of existing single-family homes were up on a month-over-month basis in August, but that's likely in part due to August having a few more business days than July. As always, when we're looking at very seasonal data like closed sales, it's more informative to look at year-over-year changes, and in that regard, closed sales of single-family homes were down almost 8% compared to last August.
July: Median Prices Up, Inventory Improves
Florida’s housing market reported higher inventory and statewide median sales prices consistent with values of a year ago. Higher interest rates continue to be a challenge for buyers and sellers.
June: Inventory on the Rise as Prices Stabilize
June and second quarter 2023 statistics showed signs of continued stabilization of median prices and improving inventory levels compared with a year ago, according to Florida Realtors®’ latest housing data.