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ORRA HOUSING REPORT – JANUARY 2016
The median price of Orlando homes sold in January increased nearly 14 percent of January of 2015, amid an inventory level that has seen year-over-year decreases for the last seven months.
Miami Sets Single-Family Home Sales Record in 2015 Total Residential Sales Register Third-Most Transactions...
Miami-Dade County single-family home sales set an all-time annual record in 2015, and sales for all existing properties posted the third-most transactions in history, according to the 41,000-member MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service (MLS) system.
South Florida International Property Transactions Account for 36 Percent of Total Sales
Miami – January 25, 2015 – (RealEstateRama) — Foreign real estate buyers continue to strengthen the Miami and South Florida real estate market, accounting for...
Orlando housing market ends 2015 with a 15 percent increase in annual sales; 9...
Orlando’s 2015 median price ($178,788) finished a healthy 9.02 percent higher than the 2014 annual median price ($164,000), thanks to a full 12 months of year-over-year price increases. Sales for 2015 finished 15.46 percent above the cumulative total sales for 2014.
“We saw several significant trends in 2015,” says Orlando Regional REALTOR® Association President John Lazenby, Colony Realty Group, Inc., “most notably a very active and extended spring-summer homebuying season that saw year-over-year increases leap as high as 40 percent in July.
Miami Luxury Single-Family Home Sales Rise in 3Q
Miami luxury single-family home sales increased 5.3 percent year-over-year in the third quarter as total inventory for all existing luxury properties rose, according to new data from the MIAMI Association of REALTORS® (MIAMI
The Miami/Fort Lauderdale Market Accounts for Half of All International Home Sales in Florida
South Florida has long ranked as one of America’s top places for international home buyers because of its world-class amenities, global business center and proximity to Latin America, according to the MIAMI Association of REALTORS® (MIAMI).
Palm Beach County: Home Sales Hit 18-Month Low
Housing market reports for October 2015 are now available. Below are the year-over-year figures for Palm Beach County from the Realtors® Association of the Palm Beaches (RAPB). RAPB is the 6th largest local association in the country representing over 14,000 REALTOR® members involved in all aspects of residential, commercial, and global real estate throughout Southeast Florida and the Treasure Coast.
October Marks More than Four Years of Price Appreciation in Miami
The Miami-Dade County real estate market continued to strengthen in October as properties sold fast and near asking price and sales prices again increased, according to a new report by the 41,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system
Miami Real Estate Continues Strong Momentum in 3Q
The high percentage of cash buyers reflects Miami’s top position as the preeminent American real estate market for foreign buyers, who tend to purchase with all cash. About 81 percent of international buyers in South Florida pay all-cash, compared to 60 percent of international buyers purchasing across the U.S., according to the 2014 Survey of International Home Purchases conducted by NAR for MIAMI.
Fla.’s Housing Market Continues to Show Gains in 3Q 2015
The statewide median sales price for single-family existing homes in 3Q 2015 was $199,900 up 9.8 percent from the same time a year ago, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties during the quarter was $150,000, up 7.9 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.
Miami-Dade County Residential Sales Rise in August
Miami-Dade County residential sales rose nearly three percent year-over-year in August while median sales prices for single-family and condominium properties continued their upward trend, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system.
Palm Beach County: Why Are Home Sales Leveling Off?
With the release of market statistics for August, economists noticed a surprising indicator year-over-year. First, there were the predictable trends: median sale price climbed 9.3 percent from $270,000 to $295,000; median days on market dropped 34.5 percent from 55 to 36 days; active listings decreased 7.9 percent from 7,187 to 6,622 listings; and months’ supply of inventory declined 21.6 percent from 5.6 to 4.4 months
Fla.’s Housing Market Shows Strong Momentum in August 2015
Florida’s housing market continued its positive track in August with more closed sales, higher median prices and a tightening inventory, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 23,605 last month, up 8.6 percent over August 2014.
Miami Single-Family Home Sales Jump Ten Percent in July 2015 Condominium Transactions
The Miami real estate market continued its historic summer by registering its second-highest single-family home sales month in history in July, according to a new report by the 38,000-member MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system. Miami-Dade County had 1,354 single-family home sales in July 2015, nearly eclipsing its record of 1,390 transactions established last month
Martin County Home Sales Continued to Outpace Last Year’s Sales Figures
“Martin County Single Family Home sales continued to outpace last year’s sales figures. The number of Closed Sales were up 13.7%, Supply went down 31.2%, and the Average Sale Price rose 11.7%. The sustained high demand for homes and the diminished supply continued to push prices up to where the Median Sale Price now comfortably sits at $306,500. Buyers must be aware that we are firmly in a Seller’s market with 4.5 months’ supply of inventory. Realtors®’ services, now more than ever, are in demand to find folks homes on the Treasure Coast.
Fla.’s Housing Market Continues Positive Track in July 2015
Florida’s housing market reported more closed sales, higher median prices, more pending sales and tightening inventory in July, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 26,916 last month, up 21.8 percent over July 2014
Palm Beach County: Are Investors Easing out of the Real Estate Market?
With the release of year-over-year market statistics for the 2nd quarter, we saw trends of consumer confidence in the single family homes sector. Closed sales increased 13.2 percent to 5,383 transactions, and median sale price increased 5.6 percent to $299,900. Meanwhile, median days on market dropped 20.8 percent to 42 days. Also, inventory decreased 7.4 percent to 6,726 active listings, and months’ supply decreased 21.9 percent to 4.5 months
Miami Real Estate Sets Single-Family Home Sales Record in June
The Miami real estate market recorded its highest number of single-family home sales of any month in history in June and is on pace to set another all-time annual sales record, according to a new report by the 36,000-member MIAMI Association of REALTORS® (MIAMI) and the local Multiple Listing Service (MLS) system. The Miami market registered 1,390 single-family home sales in June, beating its previous record of 1,317 in June 2005
Fla.’s Housing Market: More Closed Sales, Rising Prices in June 2015
Florida’s housing market reported more closed sales, higher median prices and tightening inventory in June, according to the latest housing data released by Florida Realtors®. Closed sales of existing single-family homes statewide totaled 27,729 last month, up 19.6 percent over June 2014
Palm Beach County: Will We Break 2,000 Monthly Home Sales?
Market conditions are heating up in Palm Beach County. According to year-over-year market statistics for June, single family home sales rose 16.2 percent from 1,636 to 1,901 transactions. Within the breakdown, we also saw noteworthy leaps, including a 35.4 percent increase in sales between $250,000 and $299,999 and a 51.8 percent increase in sales between $600,000 and $999,999
