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News & Information: Real Estate News

Florida pendings leap 40 percent in August

Wednesday, September 19, 2012  
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Florida’s housing market had more closed sales, more pending sales, higher median prices, and a reduced inventory of homes for sale in August, according to the latest housing data released by Florida REALTORS®.

Pending sales leapt a ginormous 40.2 percent over the previous August. Statewide closed sales of existing single-family homes are up 10.8 percent compared to the year-ago figure, while the statewide median sales price for single-family existing homes is up 5.8 percent.

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