Florida’s existing home, condo sales rise in the third quarter of 2011

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Condominium and single-home sales were up in South Florida’s major urban centers in the third quarter, with Miami seeing a nearly 50 percent increase.

. for existing single-family homes in Lee County reached $200,000 in April. The median price hasn’t been above $200,000 in Lee County since March of 2008 when it was at $205,000. The median price of.

Based on data from StreetEasy, sellers who bought homes in 2011 listed them for a median 42 percent markup, and those who bought in 2012 listed for a 35 percent increase. The aggressive pricing and.

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New-home sales totaled 439,250 last year, up 43% from the low in 2011 but still well. Purchases of a new home by existing-home sellers are split with about two-thirds buying for-sale or speculative.

The median sales price for an existing home in Broward jumped 15.9 percent to $211,000 in October from $182,100 a year earlier, according to the Greater Fort Lauderdale Realtors.

Nationally, Total existing-home sales, including single family homes and condos, decreased 1.8 percent to a seasonally adjusted annual rate of 5.180 million in the fourth quarter, down from 5.273 million in the third quarter, according to NAR. That number is 7.4 percent lower than the 5.593 million-pace during the fourth quarter of 2017.

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Fifteen of Florida’s metropolitan statistical areas (MSAs) reported increased sales of existing homes in the first quarter compared to the same three-month-period a year earlier, while 12 MSAs showed gains in condo sales. The statewide existing-home median sales price was $141,000 in the first quarter; a year earlier, it was $202,300 for a decrease of 30 percent.

SalesTraq, the residential research firm of Applied Analysis, said the 804 sales of existing high-rise. third quarter and 189 in the fourth quarter with 11 days left to calculate. Mandarin Oriental.

November 7: 3rd Quarter Existing Home/Condo Sales; November 21:. florida realtors closely monitors market trends, news and forecasts that impact the state’s real estate industry and Florida’s economy.. Existing home sales/statistics from 1994 through Year End 2011 are available for.

Sales. third of all NAR members reported contract failures, up from 18 percent in September and 8 percent last October, Yun said. One of the positive factors is a continued decline in the inventory.

Florida Sales Report – 3rd Quarter 2011 Existing Condominiums Realtor Sales Median Sales Price Statewide & Metropolitan Statistical Areas (MSAs) 3rd Qrtr. 2011 3rd Qrtr. 2010 % Chge 3rd Qrtr. 2011 3rd Qrtr. 2010 % Chge STATEWIDE* (1) 20,383 17,980 13 $89,600 $83,700 7 Daytona beach 459 505 -9 8,100 $119,800 32