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More New Listings in Q1 Florida Housing Market

There were 12 homes sold in Malibu Beach for more than $1 million, down from 14 in the fourth quarter of 2015. But they sold for a pretty penny. The average price was $8.7 million, up from $6.6.

ORLANDO, Fla., July 24, 2017 – Florida’s housing market had more closed sales, higher median prices and more new listings in June, according to the latest housing data released by Florida Realtors. Sales of single-family homes statewide totaled 28,205 last month, up 4.3 percent compared to June 2016.

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(WJHG/WECP) "I mean, if you wanted a single-family home or an apartment, you couldn’t get one," said Counts Real Estate Agent Don Cooley. But now, the real estate market is beginning to shift to.

ORLANDO, Fla., Aug. 8, 2018 /PRNewswire/ — Second-quarter 2018 saw increased sales, higher median prices and more new listings for Florida’s housing market, according to the latest housing data.

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"New listings for existing single-family homes rose 6.6 percent compared to a year ago and new listings for condo-townhouse properties increased 4.1 percent from last August," said 2018 Florida Realtors president christine hansen, Broker-Owner with Century 21 Hansen Realty in Fort Lauderdale.

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Housing Market Synopsis: The US real estate market continues to grow with rising prices, new construction, supported by a strengthening domestic economy. President Trump as plenty of options to boost the economic forecast and city housing markets from California to Texas to Florida .

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Active Listings also outpaced Q1 of 2016 as 3.02% more homes were for sale and nearly 5% more New Listings came on the market. ( median sold price – Median means "in the middle," meaning that half of the homes sold above the Median Sold Price and half sold below it.

The florida realtors reported monday that Florida’s housing market showed slightly more new listings and higher median prices during the first quarter of 2018, but a shortfall of for-sale inventory continued to impact sales even as the number of owners listing their properties for sale inched up over the quarter.