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Florida Home Sales Drop in December

NEW YORK (CNNMoney) — Just 302,000 new homes were sold in 2011, 6.2% below 2010 and the lowest number of annual sales since the government started tracking home sales in 1963. In December, sales.

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The National Association of Realtors said Tuesday that its pending home sales index rose 1.5% from August to September to 108.7, its highest level since December 2017. "It looks like the drop in.

Recently Sold Homes in Stuart, FL have a median listing price of $325,000 and a price per square foot of $191. There are 1,191 active recently sold homes in Stuart, Florida, which spend an average.

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Cash sales made up 35.5% of total home sales in December 2014, down from 38.5% in December 2013. Alabama experienced the largest share of any state at 52.2%, followed by Florida (50.3%), New York.

The National Association of Realtors pending home sales index, which tracks contract signings for purchases of previously owned homes, dropped 3.7% in December from the prior month, its largest.

Florida realtors closely monitors market trends, news and forecasts that impact the state’s real estate industry and Florida’s economy. Real property – building it, buying it, leasing it, selling it – generates revenue, creates jobs and contributes billions to the state’s economy.

Sales of new homes have slowed in the past year, but a recent drop in mortgage rates might give the real estate. after upward revisions in sales in December and November. The government said sales.

 · Last month, the Sunshine State was 20,633 single-family home sales, 9.9 percent less than one year earlier. Florida’s condo-townhouse market recorded 8,156 closed sales last month, a 11.4 drop from one year ago. However, the statewide median sales prices for both single-family homes and condo.

The median home value in Florida is $237,900. Florida home values have gone up 4.4% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Florida is $166.

Florida Realtor, a news resource on the real estate market, shows lower closed sales between December 2017 to 2018. In Lee County, closed sales are down 15 percent, 14 percent in Charlotte County.

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South Florida home sales fell in December to close a disappointing year, especially in the condo market, according to the florida realtors. existing single-family home sales in the tri-county.

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