Florida Single Family Home Sales 2016 Yearly Review
The Florida Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors shows that the last year continued the positive momentum for the real estate market although at a reduced rate. Year to year closed sales were up by 0.9% (was up by 12.4% in 2015) and new sales under contract (new pending sales) decreased by 4.1% (was down by 2.1% in 2015).
Both median and average sales prices were up (2015 to 2016) by 12.2% and 6.2% respectively. Showing strong gains in value. These numbers were 10.1% and 5.4% respectively in 2015.
The inventory of available homes for sale decreased by 6.5% from 2015. While the months supply of homes decreased to 4.3 months. Indicating a seller’s market.
Click here to view or download the full report:
Florida Single Family Home Sales 2016 Yearly Review
To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.
Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.
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