The statewide median sales price for a single-family existing home in August was $175,000, up 18.6% from August 2012. This makes 20 consecutive months of year-over-year increases in the median sales price, said Florida Realtors president Dean Asher.
“Both sales and prices demonstrate that Florida’s housing market is growing and continuing to gain strength. The growth in jobs and other positive signs are putting buyers at ease with how the economy is progressing.
“At the same time, prices are encouraging sellers to get off the fence and helping to ease inventory pressures,” Asher said.
Florida Realtors said closed sales of existing single-family homes in the state were up 17.5% in July over the same month in 2012 and pending sales were up 23.3%.
Sales of townhouses and condominiums totaled 9,491 units, up 6.3% from August 2012, with pending sales up 11.6% and the median sales price up 25.2%.