Metro Orlando’s midpoint single-family home price for August was $202,000, which was up 9 percent from August 2014. Closed sales of existing single-family homes statewide totaled 23,605 last month, up 8.6 percent over August 2014.
Comparing August to July, a one-month window, the median price of homes and condos in the city was up 8 percent, to $270,000.
Single family homes in Florida stayed on the market for a median of 45 days, down 18.2 percent from August 2014, Florida Realtors reports.
Through the first two-thirds of 2015, Sheboygan County has seen homes sales up almost five percent, and the median price just over two percent. Not far behind, median lease payments increased by 7 percent to $1,600 per month. The median indicates that half of the homes were sold for more and half sold for less.
“This is likely pushing more homes out of reach for many buyers”, said the AP. Petersburg-Clearwater metropolitan statistical area, which includes Pasco County, jumped 9.4 percent to $175,000 in August, according to Florida Realtors, which released its monthly market data Monday. Markets facing losses from a year ago included the Fort Walton Beach metro area, where prices softened, and the Naples and Vero Beach areas, where sales declined from late summer 2014.
Franklin County also experienced the biggest boost in median sale price, up 15.5 percent to $136,250.
There were 12 percent fewer single family houses and condos on the market in August compared to a year ago.
On the local level, Knox County experienced the biggest year-over-year increase in home sales for the three-month period ending August . 31.
Inventory continues to tighten, with a 4.3-months’ supply in August for single-family homes and a 5.2-months’ supply for townhouse-condo properties, according to Florida Realtors.