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Fourth Quarter Home Sales in Florida Improve Over Last Year’s
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You're Now Reading:
Fourth Quarter Home Sales in Florida Improve Over Last Year’s
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Fourth Quarter Home Sales in Florida Improve Over Last Year’s
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February 13, 2012 (Shirley Allen)

Sales of existing homes and condominiums in Florida followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but continued to show improvement compared to a year ago according to the latest data from the Florida Realtors®.

An estimated total of 60,596 existing homes and condos were sold in the Sunshine State in the fourth quarter. That was 9.7 percent lower than the 67,142 homes sold in the third quarter but still 6.0 percent higher than the 57,277 homes sold in the fourth quarter of 2010.

Existing single-family homes accounted for 42,038 of the total sales in the fourth quarter. That was 10.0 percent lower than the 46,759 homes sold in the third quarter but 6.8 percent higher than the 39,355 homes sold in the same quarter in 2010.

The median sales price for an existing single-family home in Florida fell 2.9 percent to $132,000 from $136,000 during the quarter and was 1.0 percent lower than the median price of $133,400 in the fourth quarter of 2010.

John Tuccillo, Florida Realtors Chief Economist, stated, “The quarterly numbers continue to show the steady improvement of the housing market in Florida. The upward movement in sales has been pretty much across the state. Prices have stabilized, and in general, the state’s economy is improving. With that improvement, we expect continued growth in housing activity.”

Condominium sales accounted for 18,558 of the total sales in the fourth quarter, down 8.9 percent from 20,383 sales in the third quarter but still 3.5 percent higher than the 17,922 units sold in fourth quarter of 2010.

The median sales price for a condo in the fourth quarter was $88,800, which was 0.9 percent lower than the $89,600 median sales price in the third quarter but 5.2 percent higher than the $84,400 median sales price for a condo in the fourth quarter of last year.

For all of 2011, there were a total of 273,502 existing single-family homes and condos sold in Florida, 10.0 percent higher than the 248,671 homes sold in 2010. It was the third consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, florida

Source:
Florida Realtors®

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
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Tips
Home Selling
Tips
About
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Calculator
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Rates

February 13, 2012 (Shirley Allen)

Sales of existing homes and condominiums in Florida followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but continued to show improvement compared to a year ago according to the latest data from the Florida Realtors®.

An estimated total of 60,596 existing homes and condos were sold in the Sunshine State in the fourth quarter. That was 9.7 percent lower than the 67,142 homes sold in the third quarter but still 6.0 percent higher than the 57,277 homes sold in the fourth quarter of 2010.

Existing single-family homes accounted for 42,038 of the total sales in the fourth quarter. That was 10.0 percent lower than the 46,759 homes sold in the third quarter but 6.8 percent higher than the 39,355 homes sold in the same quarter in 2010.

The median sales price for an existing single-family home in Florida fell 2.9 percent to $132,000 from $136,000 during the quarter and was 1.0 percent lower than the median price of $133,400 in the fourth quarter of 2010.

John Tuccillo, Florida Realtors Chief Economist, stated, “The quarterly numbers continue to show the steady improvement of the housing market in Florida. The upward movement in sales has been pretty much across the state. Prices have stabilized, and in general, the state’s economy is improving. With that improvement, we expect continued growth in housing activity.”

Condominium sales accounted for 18,558 of the total sales in the fourth quarter, down 8.9 percent from 20,383 sales in the third quarter but still 3.5 percent higher than the 17,922 units sold in fourth quarter of 2010.

The median sales price for a condo in the fourth quarter was $88,800, which was 0.9 percent lower than the $89,600 median sales price in the third quarter but 5.2 percent higher than the $84,400 median sales price for a condo in the fourth quarter of last year.

For all of 2011, there were a total of 273,502 existing single-family homes and condos sold in Florida, 10.0 percent higher than the 248,671 homes sold in 2010. It was the third consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, florida

Source:
Florida Realtors®

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

February 13, 2012 (Shirley Allen)

Sales of existing homes and condominiums in Florida followed seasonal trends and declined from the third quarter of 2011 to the fourth quarter but continued to show improvement compared to a year ago according to the latest data from the Florida Realtors®.

An estimated total of 60,596 existing homes and condos were sold in the Sunshine State in the fourth quarter. That was 9.7 percent lower than the 67,142 homes sold in the third quarter but still 6.0 percent higher than the 57,277 homes sold in the fourth quarter of 2010.

Existing single-family homes accounted for 42,038 of the total sales in the fourth quarter. That was 10.0 percent lower than the 46,759 homes sold in the third quarter but 6.8 percent higher than the 39,355 homes sold in the same quarter in 2010.

The median sales price for an existing single-family home in Florida fell 2.9 percent to $132,000 from $136,000 during the quarter and was 1.0 percent lower than the median price of $133,400 in the fourth quarter of 2010.

John Tuccillo, Florida Realtors Chief Economist, stated, “The quarterly numbers continue to show the steady improvement of the housing market in Florida. The upward movement in sales has been pretty much across the state. Prices have stabilized, and in general, the state’s economy is improving. With that improvement, we expect continued growth in housing activity.”

Condominium sales accounted for 18,558 of the total sales in the fourth quarter, down 8.9 percent from 20,383 sales in the third quarter but still 3.5 percent higher than the 17,922 units sold in fourth quarter of 2010.

The median sales price for a condo in the fourth quarter was $88,800, which was 0.9 percent lower than the $89,600 median sales price in the third quarter but 5.2 percent higher than the $84,400 median sales price for a condo in the fourth quarter of last year.

For all of 2011, there were a total of 273,502 existing single-family homes and condos sold in Florida, 10.0 percent higher than the 248,671 homes sold in 2010. It was the third consecutive year that yearly home sales surpassed the previous year’s total.

Tags: existing homes, condos, sales, median home prices, florida

Source:
Florida Realtors®

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.