Fla. condo-townhouse sales were up 14.5% year-to-year. The statewide median price for single-family homes rose 6% to $265K, and condo-townhouse prices up 9.6% to $200K. New pending sales and pending inventory also rose statewide in both property categories.
If the current election unfolds similar to earlier ones, the process will impact home sales more than the policies of the person who actually wins. If so, home sales will slip in June and rebound in Nov., with pent-up demand driving a strong real estate market through spring.
A Realtor.com study compared active home listings per 1,000 residents and found that Fla. homebuyers have it easier than other areas of the U.S. Cape Coral, Miami and Daytona Beach led the “easiest markets to find a home” list with seven Fla. metros in the top 20.