It looks like single family homes fared a bit worse than condo for decrease in sales price. I still don't think I'd call this a blood bath. Florida Sales Report - 2nd Quarter 2007 Single-Family, Existing Homes | Realtor Sales | Median Sales Price | Statewide & Metropolitan Statistical Areas (MSAs) | 2nd Qrtr. 2007 | 2nd Qrtr. 2006 | % Chge | 2nd Qrtr. 2007 | 2nd Qrtr. 2006 | % Chge | STATEWIDE* (1) | 37,709 | 53,723 | -30 | $239,200 | $250,400 | -4 | Daytona Beach | 1,878 | 2,609 | -28 | $199,000 | $223,300 | -11 | Fort Lauderdale | 1,828 | 2,417 | -24 | $372,200 | $373,000 | - | Fort Myers-Cape Coral | 1,706 | 2,800 | -39 | $273,500 | $278,800 | -2 | Fort Pierce-Port St. Lucie | 921 | 1,523 | -40 | $236,300 | $254,500 | -7 | Fort Walton Beach | 743 | 872 | -15 | $225,000 | $235,100 | -4 | Gainesville | 851 | 992 | -14 | $217,100 | $214,300 | 1 | Jacksonville | 3,762 | 4,919 | -24 | $207,900 | $209,900 | -1 | Lakeland-Winter Haven | 966 | 1,522 | -37 | $172,900 | $177,900 | -3 | Melbourne-Titusville-Palm Bay | 1,500 | 1,833 | -18 | $194,100 | $229,100 | -15 | Miami | 1,494 | 2,602 | -43 | $385,000 | $377,500 | 2 | Naples-Marco Island* (2) | 80 | 64 | 25 | $533,300 | $533,300 | - | Ocala | 916 | 1,423 | -36 | $173,800 | $169,600 | 2 | Orlando | 4,933 | 8,189 | -40 | $253,800 | $265,500 | -4 | Panama City | 405 | 404 | - | $202,300 | $213,200 | -5 | Pensacola | 1,188 | 1,546 | -23 | $168,800 | $169,000 | - | Punta Gorda | 707 | 1,009 | -30 | $195,200 | $219,300 | -11 | Sarasota-Bradenton | 2,365 | 2,281 | 4 | $294,100 | $318,500 | -8 | Tallahassee | 1,178 | 1,471 | -20 | $181,000 | $174,800 | 4 | Tampa-St. Petersburg-Clearwater (3) | 6,926 | 10,883 | -36 | $213,500 | $226,200 | -6 | West Palm Beach-Boca Raton | 2,170 | 2,733 | -21 | $380,600 | $394,100 | -3 |
•(1) *Statewide figure includes data from the Naples Area Board of Realtors and Association of Real Estate Professionals
for month of June only. •(2) *Data is only from the Marco Island Association of Realtors. •(3) Data from the Hernando County Association of Realtors now included in the totals from 2006 and 2007. Editor's note: Sales numbers represent totals of Realtors' closed transactions from local Realtor boards/associations
within the MSAs. This information is based on a survey of MLS sales levels from Florida's Realtor boards/associations. MSAs are defined by the 2000 Census. Source: Florida Association of Realtors and the University of Florida Real Estate Research Center.
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2 Comments on Florida Sales Report - 2nd Quarter 2007 Single-Family Existing Homs
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Lynne
we are sitting on 3 years worth of inventory