ORLANDO, Fla., Sept. 20, 2017 – Florida’s housing market continued its positive track in August, with more closed sales, increased pending sales, more new listings and rising median prices, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 25,235 last month, up 0.9 percent compared to August 2016.
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What’s happening in Florida’s housing market? Real estate is a vital part of the economy in the Sunshine State, and Florida Realtors® serves as the voice for real estate in Florida. In this Market Minute, Florida Realtors® Chief Economist Dr. Brad O’Connor keeps you up-to-date on the state’s latest housing statistics and provides insight into what the numbers really mean.