Florida Sales Up, Local Home Sales Sluggish

July 24, 2013

Single-family home sales across Florida were up more than 8 percent in June compared to the same period a year earlier, Florida Realtors reported Tuesday. But the Escambia-Santa Rosa counties market was one of six areas across the state where new home sales dropped.

In the Escambia-Santa Rosa market, new home sales were down 2.9 percent in June, while local condo and townhouse sales fell 15.4 percent.  The average home sale price in Escambia and Santa Rosa counties was up 7.1 percent to $169,250.

The median sales price statewide  in June was $175,000, up 15.1 percent from June 2012 and the highest for the state since June 2008 when 11,700 sales had a median price of $205,500. By comparison, the national median sales price for single-family homes was $214,700 in June, up 13.2 percent from the prior year.

Overall the realtors reported closing 20,403 single-family home sales in Florida during June, up from 18,800 a year ago, and the highest for the month of June since 26,112 closings in 2005. Florida Realtors reported the number of single-family home sales had grown 18.7 percent in May and 17.4 percent in April.

Comments

Comments are closed.

Written by William Reynolds · Filed Under News