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

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Existing home sales rose 12 percent in 3Q 2011 with a total of 46,759 homes sold statewide; during the same period the year before, a total of 41,728 homes changed hands according to Florida Realtors.

Miami existing condo sales totaled 3,332 in 4Q 2018, up 6.9 percent year-over-year. Statewide closed sales of existing single-family homes totaled 63,483 in the fourth quarter of 2018, up 0.1 percent compared to the year-ago figure, according to Florida Realtors. Looking at Florida’s year-to-year comparison for sales of condos-townhouses, a.

The condo price was 22.4 percent below the third quarter national price for existing single-family homes, which was $108,400. Because condominiums tend to have lower maintenance requirements than single-family homes, the units are a wise choice for buyers whose busy lifestyles often keep them away from home, Chee noted.

Fifteen of Florida’s metropolitan statistical areas (MSAs) reported increased sales of existing homes in the first quarter compared to the same three-month-period a year earlier, while 12 MSAs showed gains in condo sales. The statewide existing-home median sales price was $141,000 in the first quarter; a year earlier, it was $202,300 for a decrease of 30 percent.

November 7: 3rd Quarter Existing Home/Condo Sales; November 21:. Florida Realtors closely monitors market trends, news and forecasts that impact the state’s real estate industry and Florida’s economy.. Existing home sales/statistics from 1994 through Year End 2011 are available for.

Florida’s Existing-Home Sales Slows Down Disruptions in the mortgage market and tightening credit continued to impact Florida’s housing sector in the fourth quarter. Statewide, sales of existing single-family homes totaled 9,165 last month, while 12,846 homes sold in October 2006 for a decrease of 29 percent in the year-to-year comparison.

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Joshua Bahoff bought a three-bedroom luxury condominium in Naples, Florida, in December for $235,000, about one-third. Realtors. Sales in Boca Raton, Jupiter and west palm beach rose 32 percent for.

There were 258 luxury single-family home sales during the third quarter, representing a 5.3 percent increase in transactions compared to the same quarter in 2014. Meanwhile, 237 existing luxury condos were sold in that same time frame. That’s nearly a 15 percent decrease year-over-year.

Sales of existing condominiums statewide in the second quarter rose 29 percent compared to the same time the previous year. This marks the third consecutive quarter for increased statewide sales in both the existing home and condo markets compared to year-ago levels.

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