Escambia, Santa Rosa Home Sales Up

August 13, 2013

Florida’s housing market gained strength in second quarter 2013 with more closed sales, higher median prices, more pending sales and a shrinking supply of homes for sale compared to the same quarter in 2012, according to the latest housing data released by Florida Realtors.

In Escambia and Santa Rosa counties, sales of exiting single-family homes were at 1,512, up 7.3 percent during the second quarter of the year at an average price of $155,600.  There were 260 townhouse and condo sales, up 18.2 percent. Average condo and townhouse prices fell 26.6 percent to $179,900 on average during Q2.

Statewide closed sales of existing single-family homes totaled 63,173 in 2Q 2013, up 14.7 percent compared to the year-ago figure, according to data from Florida Realtors. Closed sales typically occur 30 to 90 days after sales contracts are written. The statewide median sales price for single-family existing homes in 2Q 2013 was $170,000, up 14.1 percent from the same quarter a year ago.

Looking at Florida’s year-to-year comparison for sales of townhouse-condos, a total of 31,829 units sold statewide in the second quarter, up 7.9 percent from the same three-month period in 2012.

Comments

Comments are closed.

Written by William Reynolds · Filed Under News