Friday, May 20, 2016 / by Jodi Ketchersid
ORLANDO, Fla. – May 20, 2016 – Florida's housing market reported increased new listings, rising median prices, fewer days to a contract and fewer cash closed sales in April, according to the latest housing data released by Florida Realtors®. With inventory still constrained, statewide closed sales eased last month: Single-family home sales totaled 24,144, remaining relatively the same (down 0.6 percent) as April 2015.
"Still-low mortgage interest rates and a strong jobs outlook are positive trends for Florida's housing market," says 2016 Florida Realtors®President Matey H. Veissi, broker and co-owner of Veissi & Associates in Miami."We're also seeing a rising number of new listings added to the market, which is a trend that needs to continue as many areas still face a shortage of supply, particularly for single-family homes. New listings for existing single-family homes rose 3.1 percent compared to a year ago while new listings for townhouse-condo prop ...
Friday, November 6, 2015 / by Jodi Ketchersid
The latest real estate report for September 2015 includes statistics for single family homes in Walton County, Florida. Closed sales were up 4.4% for September compared to the same month last year. Cash sales were down 7%. One highlight is that there were no short sales for the first time in many years.
From the report - Months Supply of Inventory is an indicator of the state of the market, whether it is a buyers' market or a sellers' market. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 Months of Inventory. Higher numbers indicate a buyers' market, lower numbers a sellers' market.
Months Supply of Inventory for Walton County has been trending down consistently every month for quite awhile and hit 7.8 months for September 2015 (down 21% over same month last year) - getting ever closer to the balanced mark of 5.5.
The latest residential real estate report for September 2015 in Walton County summarizes sales and listing statistics of sin ...
Wednesday, October 21, 2015 / by Jodi Ketchersid
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