Florida Townhouse and Condo Sales 2018 Yearly Review
The Florida Townhouse and Condo Sales 2018 Yearly Review continued to show improved results from last year. Year to year closed sales were up by 4.9% as compared to 2017 which saw a decrease of 2.9% and new sales under contract (new pending sales) increased by 2.2% (2017 saw a decrease of 2.3%).
Both median and average sales prices were up (year to year) by 7.2% and 7.7% respectively (2017 numbers were 7.8% and 6.5%). Pretty similar to last year.
Inventory increased by 1.8% as compared to 2017’s decrease of 4.0%. While the supply of inventory inched up to 5.7 months as compared to 5.6 months for 2017. A seller’s market for Florida townhouses and condos.
Click here to view or download the full report: Florida Townhouse and Condo Sales 2018 Yearly Review
Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.