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Florida home sales rise 10 percent, median sale prices also higher

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The Florida Association of Realtors issued this news release telling us all about sales for Florida homes being up 10 percent in January, along with the median sale price of Florida homes.

Statewide, sales of single-family existing homes totaled 15,567 last month compared to 14,204 homes sold a year ago…

The statewide median sales price last month rose 24 percent to $204,900; a year ago, it was $164,900. In January 2000, the statewide median sales price for single-family homes was $109,200, resulting in an increase of 87.6 percent over the five-year-period, according to FAR records.

The Tampa-St. Petersburg-Clearwater area median sale price also increased 20 percent to $172,800. High demand for area homes, the ease of ability to attain mortgage financing and a high scarcity of inventory have contributed to sale price increases. Thinking of selling your home or condo? Contact me now for a complete strategy on how to sell your home or condo at the highest possible price, in the shortest possible time with the least amount of inconvenience to you!

-John Mudd
“Mr. Real Estate”

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