Florida’s existing home, condo sales rise in the third quarter of 2011

On Wednesday, the National Association of Realtors reported that sales of existing homes rose for the third straight month. in California, 44%; and in Florida, 36%. Foreclosed properties sold for.

The median price was up 8.1% from April last year. Closed sales data reflected dwindling short sales and foreclosures in April: Short sales for townhouse-condo properties dropped 27.5% and foreclosures fell 41.8% year-to-year; while short sales for single-family homes declined 48.8% and foreclosures fell 50.7% year-to-year.

WASHINGTON — Sales of existing homes fell in 41 states during the April-June quarter while home prices were down in one-third of the metropolitan areas. compared with the same period a year ago,

Miami. homes. While fewer luxe condos are being sold, a wave of existing units are hitting the market. There were 871 luxury condos listed for sale during the third quarter, up 23 percent from last.

Although the Brown Harris Stevens report noted that condo sales rose 8 percent in the third quarter from a year ago, it also showed that the average sales price dropped 15 percent.

Statewide existing home sales in May increased 6.2 percent over April’s statewide activity. Florida Realtors also reported a 21 percent rise in statewide sales of existing condos in May; existing condo sales last month rose 3.8 percent over the total units sold in April.

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There were 258 luxury single-family home sales during the third quarter, representing a 5.3 percent increase in transactions compared to the same quarter in 2014. Meanwhile, 237 existing luxury condos were sold in that same time frame. That’s nearly a 15 percent decrease year-over-year.

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Home and condo sales in the Sunshine State rose for the third straight year in 2011, though prices continued their descent, according to Florida Realtors. Single-family existing home sales across.

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Florida’s existing home, condo sales rise in the third quarter of 2011 Shirley Contents 4.37 million pace Mortgage loans mortgage payments 49 child support agencies existing family homes Yesterday, the National Association of Realtors warned that pending home sales, or those sales in contract, had declined.

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