The South Florida Real Estate, South Florida Homes - RESF RESF PDFs

" In a favorable sign for Florida's housing market, new listings increased year-over-year in July for both single-family houses, up 12. 1 percent, and for condo-townhouse properties, up 4. 6 percent," said 2021 Florida Realtors President, broker-owner with Only Method Realty Citrus in Inverness. "Our economists likewise report that active listings (inventory) of single-family homes continued to increase throughout July (from its least expensive level), which ultimately could be great news for purchasers who have been sidelined by the scarcity of houses for sale.

1 percent year-over-year, while existing condo-townhouse sales amounted to 13,481, up 21. 1 percent over July 2020. Closed sales might happen from 30- to 90-plus days after sales contracts are written. The statewide mean list prices for single-family existing homes in July was $355,000, up 20. 3% from the previous year, according to information from Florida Realtors Research study Department in partnership with regional Real estate agent boards/associations.

5% over the year-ago figure. The average is the midpoint; half the homes offered for more, half for less. According to Florida Realtors Chief Economist Dr., the data revealed signs that the state's real estate market is heading on a stable course toward normalcy, at least in some aspects. "The 2.

" But remember, in 2015's spring buying season was successfully held off up until the summer and fall by the pandemic, so the 2nd half of 2020 ended up being the greatest 2nd half for sales in a minimum of 15 years. It's not too unexpected if sales counts over the next couple of months stop working to exceed their totals from one year back.

In July, single-family existing house sales paid in all cash increased by 49. 9 percent year-over-year, while all-cash sales of condo-townhouse systems rose by 44 percent. On the supply side of the market, the report found that inventory (active listings) remained incredibly tight in July. Single-family existing homes continued at an extremely low 1.

8-months' supply. According to Freddie Mac, the rate of interest for a 30-year fixed-rate home loan balanced 2. 87 percent in July 2021, down from the 3. 02 percent average during the very same month a year previously. To see the full statewide real estate activity reports, click here. Like this: Like Filling ... Related.

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