More Data for your housing decisions: Florida Continued Upswing
We are continuing to see an upswing in Florida Housing, the market introduced a few new records across the board (for residential)
May 2017 Dollar Volume: 9 Billion (How much money people pumped in the market ....folks that's higher than anytime in the past 4 years)
More money usually means higher prices ...guess what your right there as well new median home sales price (try not to use the average) $239K (up 7% from last year)
Turn rate - 4 Months (put your house on the market it's gone) .... 3 months tell you it's a healthy market
Put any price you want for your home 96.4% of the time you will get the listed price
So where is the money spent. what type of home check out the stats below for price range:
Well for the investor it can be good and bad, good if you can find a house and bad because the prices are higher...only to get an on the surface super deal FORECLOSURE'S check the stats below (reminder i said on the surface foreclosures can be just as expensive when repairs come into play (Look for the Greenbar to tell you about foreclosures)
Hottest Markets in Florida take a wild guess??
It's not Miami, Tampa, or Orlando as they had Wild Climbs last year: Check out the list and enjoy
#1 for May : Go Golfers Vero Beach, Fl (For Single family residential)
Thanks to Realtor.og for the data set.