Property for sale in Florida
The Florida real estate market continued to report a poor supply of property for sale in Florida and rising average prices, according to the latest real estate data released by Florida Realtors.
The sale of single family homes across Florida has remained relatively flat, down 0.5% from 2016.
Florida's economy is growing, with more jobs created. So a growing economy increases the value of the state real estate sector. For sellers, it's a good time to sell their homes, which keep getting more than their purchase price. In this type of Florida real estate market conditions, buyers of really intentions must be prepared to act quickly.
The average selling price for property for sale in the Florida real estate market, above all for single family homes (SFH) is up 12.5% over the previous year, according to data from the Florida Realtors research department.
The average price in Florida property market for condominium apartments is up 11.7% compared to a year ago.
Due mainly to a lower number of distressed properties on the market, sales of SFH have declined slightly. However, sales of properties for sale in Florida not encumbered by mortgages or others have increased by almost 10% on an annual basis.
This shows that the real estate market is healthy and continues to grow providing returns of undisputed interest for investors too. So it is a perfect period and a good situation for hunting property for sale in Florida.
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