Florida’s existing home, condo sales rise in the third quarter of 2011

Nationally, Total existing-home sales, including single family homes and condos, decreased 1.8 percent to a seasonally adjusted annual rate of 5.180 million in the fourth quarter, down from 5.273 million in the third quarter, according to NAR.

Condominium and single-home sales were up in South Florida’s major urban centers in the third quarter, with Miami seeing a nearly 50 percent increase.

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ORLANDO – Second-quarter. selection of condos and townhouses on the market allowed for a nearly 5 percent increase in sales versus last year,” said Florida Realtors Chief Economist Dr. Brad.

Orlando-area existing home sales were up in the third quarter of this year, while values continued to decrease, said the Florida Association of Realtors.. Florida home, condo sales on the rise.

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Florida’s Existing Home, Condo Sales Up in December. by admin January 22, 2011. Sales of existing homes and condominiums in Florida rose in December, a positive trend also reported at the close of 2010 as statewide sales activity posted gains over the previous year, according to the latest housing data released by Florida Realtors.

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There were 258 luxury single-family home sales during the third quarter, representing a 5.3 percent increase in transactions compared to the same quarter in 2014. Meanwhile, 237 existing luxury condos were sold in that same time frame. That’s nearly a 15 percent decrease year-over-year.

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Fifteen of Florida’s metropolitan statistical areas (msas) reported increased sales of existing homes in the first quarter compared to the same three-month-period a year earlier, while 12 MSAs showed gains in condo sales. The statewide existing-home median sales price was $141,000 in the first quarter; a year earlier, it was $202,300 for a decrease of 30 percent.

Condo Sales Rise for Fourth Consecutive Month miami existing condo sales increased for the fourth consecutive month, rising 3 percent to 983 from 954. The increase was fueled in a surge in entry-level home sales. Existing condo home sales in the $200,000 to $300,000 price range jumped 21.4 percent, from 220 in February 2017 to 267 in February 2018.