Property in the Sunshine State notched up another rise in February, the 98th monthly increase in a row. It was a particularly busy month for the Florida real estate market with both condos and single-family homes posting impressive sales figures and price rises. March too looked busy as new pending sales for all types of property registered double-digit increases.
Florida is one of the world’s favourite destination not only for travelling but also for investing in property. Here is an overview of the real estate market and economy in the state in Quarter 3 of 2019. The Florida Realtors’ latest report shows new positive figures. They stated that more closed sales, higher median prices, more pending sales and rising pending inventory during the third quarter of 2019. Also, during those three months, more than 78,750 single-family homes were sold across Florida. This figure shows an increase of 8.1 percent from the same quarter of 2018.
September’s figures for the Florida property market mark the 81st consecutive month of increases in sales and prices. Discover the full picture here.
Sarasota property ranked as the fastest growing luxury market in the US in May as northern buyers snap up homes at the high-end of the price spectrum.
The Florida property market in Q1 2018 repeated its 2017 trends with rising prices and falling inventory. Strong demand promises more of the same in Q2.
Florida property prices rose yet again in March when the state saw the 75th consecutive months of more expensive housing. Both single-family homes and condo properties rose in value against a background of fast-dwindling inventory.
After a busy 2017, it’s more of the same for the Florida property market in 2018 with February marking up the 74th consecutive month of median house price rises in the state.
The Sunshine State has long ranked among America’s favourite retirement destinations. A new report reveals five great places to retire in Florida for affordability and best healthcare access.
Developers of new properties in Southwest Florida can expect a positive outlook for the rest of this year, says a market trends report for the region.
Latest nationwide and state data for the US property market points to a record first three months of the year. Sales reached their highest levels and house prices continued their upward trend. Increases went into double-digits in 30 metro areas including several key markets for property in Florida.