Monthly Existing Home Sales Down in Florida but Up from Last Year
Monthly Existing Home Sales Down in Florida but Up from Last Year
Monthly Existing Home Sales Down in Florida but Up from Last Year
Helpful
Tools
Mortgage
Calculator

Estimate your monthly payment for a home purchase or refinance
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about mortgage loans to find the one that's right for you
15 Year vs 30 Year
Loan Comparison

Compare payments between a 15 year and 30 year mortgage loan
Today's Mortgage
Rates

See today's current mortgage rates. Shop, compare and save.

November 22, 2011 (Shirley Allen)

Monthly sales of existing homes and condominiums in Florida declined in October but were still well above year ago levels according to the latest data from the Florida Realtors®.

An estimated total of 13,755 existing homes and condos were sold in the Sunshine State in October. That was 8.5 percent lower than the 15,036 homes sold in September but 13.3 percent higher than the 12,145 homes sold in October 2010.

The median sales price for a home in Florida declined 2.0 percent to $131,200 in October from $133,900 in September and was 4.0 percent lower than the median price of $136,600 in October of 2010.

“Statewide, both sales and prices are above where they were this time last year,” noted Florida Realtors Chief Economist Dr. John Tuccillo. “The monthly median prices have ticked down slightly for the past few months, but the overall trend continues to show gains year-over-year.

Condominium sales accounted for 6,132 of the total sales in October, down 8.0 percent from 6,666 sales in September but 12.0 percent higher than the 5,473 units sold in October of 2010.

The median sales price for a condo in October was $87,800, which was 0.1 percent higher than the $87,200 median sales price in September and 9.1 percent higher than the $80,500 median sales price for a condo in October of last year.

Through the first ten months of this year there have been 157,638 existing homes and condos sold in Florida, 8.5 percent higher than the 145,252 homes sold during the same period last year.

All but two of Florida’s 19 Metropolitan Statistical Areas (MSAs) have posted gains over last year with the largest gain posted in Miami (+41 percent) and the largest decline posted in Tallahassee (-10 percent).

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 LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
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.
Helpful Tools
Mortgage
Calculator

Estimate your monthly mortgage payment
Auto Loan
Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loans
Todays Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

November 22, 2011 (Shirley Allen)

Monthly sales of existing homes and condominiums in Florida declined in October but were still well above year ago levels according to the latest data from the Florida Realtors®.

An estimated total of 13,755 existing homes and condos were sold in the Sunshine State in October. That was 8.5 percent lower than the 15,036 homes sold in September but 13.3 percent higher than the 12,145 homes sold in October 2010.

The median sales price for a home in Florida declined 2.0 percent to $131,200 in October from $133,900 in September and was 4.0 percent lower than the median price of $136,600 in October of 2010.

“Statewide, both sales and prices are above where they were this time last year,” noted Florida Realtors Chief Economist Dr. John Tuccillo. “The monthly median prices have ticked down slightly for the past few months, but the overall trend continues to show gains year-over-year.

Condominium sales accounted for 6,132 of the total sales in October, down 8.0 percent from 6,666 sales in September but 12.0 percent higher than the 5,473 units sold in October of 2010.

The median sales price for a condo in October was $87,800, which was 0.1 percent higher than the $87,200 median sales price in September and 9.1 percent higher than the $80,500 median sales price for a condo in October of last year.

Through the first ten months of this year there have been 157,638 existing homes and condos sold in Florida, 8.5 percent higher than the 145,252 homes sold during the same period last year.

All but two of Florida’s 19 Metropolitan Statistical Areas (MSAs) have posted gains over last year with the largest gain posted in Miami (+41 percent) and the largest decline posted in Tallahassee (-10 percent).

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 LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
HOW LOANRATENETWORK
LOAN CENTER WORKS
ADVANTAGES OF USING
LOANRATENETWORK
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.
Helpful Tools

November 22, 2011 (Shirley Allen)

Monthly sales of existing homes and condominiums in Florida declined in October but were still well above year ago levels according to the latest data from the Florida Realtors®.

An estimated total of 13,755 existing homes and condos were sold in the Sunshine State in October. That was 8.5 percent lower than the 15,036 homes sold in September but 13.3 percent higher than the 12,145 homes sold in October 2010.

The median sales price for a home in Florida declined 2.0 percent to $131,200 in October from $133,900 in September and was 4.0 percent lower than the median price of $136,600 in October of 2010.

“Statewide, both sales and prices are above where they were this time last year,” noted Florida Realtors Chief Economist Dr. John Tuccillo. “The monthly median prices have ticked down slightly for the past few months, but the overall trend continues to show gains year-over-year.

Condominium sales accounted for 6,132 of the total sales in October, down 8.0 percent from 6,666 sales in September but 12.0 percent higher than the 5,473 units sold in October of 2010.

The median sales price for a condo in October was $87,800, which was 0.1 percent higher than the $87,200 median sales price in September and 9.1 percent higher than the $80,500 median sales price for a condo in October of last year.

Through the first ten months of this year there have been 157,638 existing homes and condos sold in Florida, 8.5 percent higher than the 145,252 homes sold during the same period last year.

All but two of Florida’s 19 Metropolitan Statistical Areas (MSAs) have posted gains over last year with the largest gain posted in Miami (+41 percent) and the largest decline posted in Tallahassee (-10 percent).

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

Source:
Florida Realtors®

HOW LOANRATENETWORK
LOAN CENTER 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 LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
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.