Florida Single Family Homes November 2018 Market Report

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Florida Single Family Homes November 2018 Market Report

The Florida Single Family Homes November 2018 Market Report showed some mixed signals when compared to last year. Closed sales were up by 3.0% (was up by 8.5% in October) and new sales under contract (new pending sales) were down by 8.0% (was down by 4.2% in October).

Prices are still continuing to rise for November.  The median and average sales prices up by 6.3% and 5.4% respectively, compared to October’s 7.6% and 7.4%.

The inventory of available homes for sale increased by 11.9% from last year.  This is now a 4.1 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November of 2017 had a 3.8 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes November 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes November 2018 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes November 2018 Market Report

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Real Estate Market Trends
Location:
Florida
Groups:
Florida Real Estate Market Reports
Market Reports
Advice for Sellers
Advice for Buyers
2018 Market Reports
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Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jan 16, 2019 04:35 AM #1
Rainmaker
5,348,045
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local market reports.

Jan 16, 2019 08:26 AM #2
Rainmaker
4,797,131
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my website for a complete list of current and past market data.

Feb 05, 2019 09:35 AM #3
Rainmaker
4,797,131
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Martin County FL real estate.

Feb 05, 2019 09:35 AM #4
Rainmaker
4,797,131
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Please visit this link for additional Saint Lucie County real estate information.

Feb 05, 2019 09:36 AM #5
Rainmaker
4,797,131
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for stopping by. Your comments are always appreciated!

Feb 05, 2019 09:36 AM #6
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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