Real estate

Florida Realtors Reports Positive First Quarter Housing Numbers

Median prices and new listings are up in the first quarter.

By staff May 11, 2016

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Image: Pixabay

Florida’s housing market reported more new listings, higher median prices and fewer days to a sales contract during the first quarter of 2016, according to the latest housing data released by Florida Realtors. Closed sales of single-family homes statewide totaled 57,913 in the first quarter of 2016, slightly up (0.3 percent) over the 2015 figure.

The statewide median sales price for single-family existing homes in the first quarter was $203,500, up 11.8 percent from the same time a year ago, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards and associations. The statewide median price for condo-townhouse properties during the quarter was $153,000, up 5.5 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less. 

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