Florida Market Analysis

Florida’s existing home sales rose in August - marking a full calendar year (12 months) that sales activity increased in the year-to-year comparison.  more

Are you planning on selling your home?  Your chances appear to be improving according to statistics released by the Florida Realtor Association.
 
According to a recent press release:
 
Existing home sales rose 37 percent last month with a total of 15,882 homes sold statewide compared to 11,595 homes sold in July 2008, according to FAR. Press Release
 

Of [...]

The Orlando real estate association reports that the median sales price of all existing homes sold in July rose 2.92 percent to $135,000 from the $131,175 recorded in June.  Press Release
 
Rising home prices will be taken into consideration as agents complete market analysis for Florida homeowners thinking of selling.
 
There is is still a long way [...]

Potential home sellers may be pleased to find out that any market analysis conducted on their home may be influenced by the increase in home sales during May.  Why localized and every home owner should check the trends for their area, an uptick in sales will eventually lead to stabilized prices.

The median sales price for a Florida home decreased by 31% when comparing April 2008 to April 2009 according to the Florida Association of REALTORS.  The huge decrease can be contributed to the increase of home sales being fueled by distressed property sales of foreclosures and short sales.

Information released this week by the Orlando real estate association reported 75% of April sales were for less than $200,000.  This could suggest a healing real estate market according to the press release.

According to information released by the Orlando Regional Realtor Association, for the Lake, Orange, Osceola, and Seminole market area:
The majority of single-family homes (111) that changed hands in January 2009 were sold in the $200,000 - $250,000 price range

According to The National Association of Realtors, in the South,  the number of homes sold in November 2008 dropped 10.9% over the same time last year.

Search for homes
Housing market data
As the end of the year approaches many home owners, buyers and interested parties may have an interest in receiving market data for housing in their area.
I can provide date per request for your area, home, town or city.  The data available includes:

Average sales prices
Cost per square foot
Average days on the [...]

The following is from a ORRA report through November ‘08 and lists the average price per square foot for homes that have sold in the following counties.

Orange $136.75
Lake $106.07
Osceola $109.95
Seminole $135.54
Volusia $105.54
Polk $92.56

Contact me to determine the value of your home.