Florida Home Sales Drop in December

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Sales of single family-homes in the Tampa Bay area plunged in December as prices again rose. In one good sign for buyers, though, the supply of available homes continued to inch up, with Pinellas.

These figures include condos and co-ops, in addition to single-family homes. Next release: Existing-Home Sales data release for September 2019 is scheduled for Tuesday, October 22, 2019. Existing Home Sales data are provided by NAR solely for use as a reference.

I would wait for the next buyer’s market when homes are selling at a discount and there are homes for sale everywhere aka a buyers market. That’s when it really is a good time to buy a home, when it’s a buyer’s market. Changes in the real estate market can happen in quickly in Florida (and other states with highly transient populations.

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Florida home values have gone up 4.6% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Florida is $167. The median price of homes currently listed in Florida is $298,500 while the median price of homes that sold is $226,700.

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For a lot of people, one of the most exciting parts of the festive season is decorating the home ready for Christmas day.

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 · Residential sales dropped in all three counties in December. December was a rough month for South Florida home sales: report. Condo and single-family home sales.