As a Realtor and Broker everywhere I go people ask me… “how’s the market?” Chris Dyer, Broker/Owner Eb Stone Realty
Check out this short video where I share my answer to this question.
Here are some additional nuggets that show the market is healthy in our neck of the woods.
July 2018 became the 79th month in a row that saw the Florida median sales prices for condo-townhouse properties and single-family homes rise year-over-year.
This shows our market continues to grow.
The median sales price for single-family homes in Florida was found to be $255,000, which is up 6.3% from 2017.
This shows our market is growing at a healthy rate.
Condos and townhomes were found to have a median sales price of $180,000, which is up 5.3% on last year.
This shows our market is growing from the bottom up.
As of Sept 12, 2018 the avg conforming interest rate is 4.78% compared to August 2017 of 3.86%
This shows our market is steady and stable – less than 5% interest rate is still historically extremely low!
And if you need a heavy hitter to convince you, here’s what Dr. Brad O’Connor, Florida Realtors Chief Economist has to say…
We are continuing to see signs that the low-inventory situation impacting the single-family home market has finally stopped getting worse, though it remains constrained…