Friday, February 16, 2007
Florida Property Statistics-Fourth Quarter 2006
Statewide existing-home median sales price remained stable at $242,100 in the fourth quarter and up from $128,400 in 2001. Sales of single family homes totaled 37,177 during the same period, a decrease of 28% from 2005 the strongest year on record. Florida’s existing condominium market sales were 10,596 for the fourth quarter, a 31% decline from 2005 and the median sales price decreased by 3% to $205,200.
Large markets like Miami and small markets like Punta Gorda had very similar statistics. The latest industry outlook from the National Association of Realtors® (NAR) calls for a steady rise in existing home sales following the fourth quarter. We see pockets of activity in Fort Myers/Cape Coral areas with some very good buys now.
Large markets like Miami and small markets like Punta Gorda had very similar statistics. The latest industry outlook from the National Association of Realtors® (NAR) calls for a steady rise in existing home sales following the fourth quarter. We see pockets of activity in Fort Myers/Cape Coral areas with some very good buys now.
