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Flas Housing Market Sales Median Prices Rise In April
ORLANDO, Fla. – May 21, 2019 – Florida's housing market reported more sales, higher median prices and increased inventory (active listings) in April compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 26,992 last month, up 6.2% over April 2018.
"Still-low mortgage interest rates and a strong jobs outlook are positive trends for Florida's housing market,"says 2019 Florida Realtors President Eric Sain,
In April, statewide median sales prices for both single-family homes and condo-townhouse properties rose year-over-year for the 88th consecutive month. The statewide median sales price for single-family existing homes was $259,470, up 2.6% from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month'sstatewide median price for condo-townhouse units was $194,050, up 2.1% over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.
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