2007 Year End Florida Sales Report

By
Real Estate Agent with Downing Frye Realty, Inc

I am a few days late posting these statistics, however I am happy to report that I have been busy with Real Estate since the beginning of the year.  While the number of sales are still down, the median sales price for the state does not show double digits!  Please don't forget to read the asterisks on the Naples Board of Realtors contribution to this report.  Here the figures for existing condos:

Florida Sales Report - Year End 2007

Existing Condominiums

 

 

Realtor Sales

Median Sales Price

Statewide &

Metropolitan Statistical Areas (MSAs)

  

Year End

2007

  

Year End

2006

  

%

Chge

  

Year End

2007

  

Year End

2006

  

%

Chge

STATEWIDE* (1)

41,478

56,877

-27

$205,100

   $211,500

-3

Daytona Beach

1,015

1,147

-12

$249,800

          $244,500

2

Fort Lauderdale

6,533

8,996

-27

$187,600

$208,600

-10

Fort Myers-Cape Coral

1,706

2,150

-21

$236,700

          $298,900

-21

Fort Pierce-Port St. Lucie

782

807

 -3

$192,000

          $203,700

-6

Fort Walton Beach

780

724

  8

$384,000

$293,900

31

Gainesville

939

1,284

-27

$154,900

$153,400

1

Jacksonville

1,581

2,026

-22

$166,900

$168,600

           -1

Lakeland-Winter Haven

170

272

-38

$126,700

          $117,900

           7

Melbourne-Titusville-
Palm Bay

1,187

1,611

-26

$177,300

          $199,300

-11

Miami

5,772

9,822

-41

       $272,000

       $257,500

6

Naples-Marco Island* (2)

323

415

-22

       $386,300

      $460,600

-16

Ocala (3)

N/A

N/A

N/A

  N/A

N/A

N/A

Orlando

2,141

          4,933

-57

$158,500

$166,100

-5

Panama City

483

             352

 37

$280,100

$315,000

-11

Pensacola

486

             657

-26

$276,800

$176,800

57

Punta Gorda

308

             610

-50

$155,300

$169,600

-8

Sarasota-Bradenton

3,197

           3,317

  -4

$253,800

$263,900

-4

Tallahassee

355

             457

-22

       $149,300

          $146,300

            2

Tampa-St. Petersburg-Clearwater (4)

5,932

        8,523

-30

$169,400

$172,300

-2

West Palm Beach-Boca Raton

5,674

       6,139

-8

$198,000

$220,400

-10

•(1)     * Statewide figure includes data from the Naples Board of Realtors; except for December, as historical data from Naples for December 2006 is not available.

•(2)     * Does not include data from the Naples Board of Realtors.

•(3)     Historical data from the Ocala-Marion County Association of Realtors for 2006 was not available.

•(4)     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.

Here are the numbers on the existing Single Family Homes:

Florida Sales Report - Year End 2007

Single-Family, Existing Homes

 

 

Realtor Sales

Median Sales Price

Statewide &

Metropolitan Statistical Areas (MSAs)

  

Year End

2007

  

Year End

2006

  

%

Chge

  

Year End

2007

  

Year End

2006

  

%

Chge

STATEWIDE* (1)

 

130,241

183,988

-29

$233,600

$247,100

-5

Daytona Beach

         6,701

8,774

-24

$197,300

          $217,700

-9

Fort Lauderdale

6,127

8,373

-27

$363,100

         $367,800

-1

Fort Myers-Cape Coral

5,383

8,518

-37

$257,000

          $273,600

-6

Fort Pierce-Port St. Lucie

3,376

4,965

-32

$226,100

        $253,200

-11

Fort Walton Beach

2,419

2,861

-15

$217,800

$231,400

-6

Gainesville

2,644

3,174

-17

$210,400

$213,200

-1

Jacksonville

12,501

16,405

-24

$197,200

$200,600

-2

Lakeland-Winter Haven

3,340

5,160

-35

$168,900

         $176,200

-4

Melbourne-Titusville-Palm Bay

5,181

6,423

-19

$193,600

         $220,300

-12

Miami

5,289

8,692

-39

$380,100

$375,800

1

Naples-Marco Island* (2)

293

328

-11

   $523,700

          $530,800

-1

Ocala

2,979

5,347

-44

   $168,600

$167,800

-

Orlando

17,143

27,212

-37

$248,900

$262,900

-5

Panama City

1,361

     1,504

-10

$199,300

$211,200

-6

Pensacola

4,188

5,196

-19

$164,800

$165,600

-

Punta Gorda

2,436

3,264

-25

$186,900

$217,900

-14

Sarasota-Bradenton

8,103

9,067

-11

$285,700

$306,100

-7

Tallahassee

3,833

4,929

-22

$179,400

$177,600

        1

Tampa-St. Petersburg-
Clearwater (3)

24,215

37,190

-35

$209,100

$224,800

-7

West Palm Beach-Boca Raton

6,971

8,640

-19

$369,400

$384,700

-4

•(1)     *Statewide figure includes data from the Naples Board of Realtors; except for December, as historical data from Naples
for December 2006 is not available.

•(2)     *Does not include data from the Naples Board 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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Lynn Wilber

GRI, E-PRO, Naples Florida Real Estate
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