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News & Information: Real Estate News

Florida market continues upswing in September

Monday, October 22, 2012  
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Florida’s housing market had higher pending sales, higher median prices and a reduced inventory of homes for sale in September, according to the latest housing data released by Florida REALTORS®.

Statewide closed sales of existing single-family homes totaled 15,643 in September, up 2 percent compared to the year-ago figure, according to data from Florida REALTORS® Industry Data and Analysis department and vendor partner 10K Research and Marketing.

Meanwhile, pending sales of existing single-family homes last month rose 40.1 percent over the previous September. The statewide median sales price for single-family existing homes in September was $145,000, up 7.4 percent from a year ago.

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