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Orlando home sales grow 19.3% in August

Central Florida saw the fourth-highest increase in single-family home sales in August, which also is more than twice as much as the state’s year-over-year increase, according to the new Florida Realtors report.

Metro Orlando had 2,995 closed sales in August, up 19.3 percent from the year-ago period. Statewide, closed sales of single-family homes totaled 23,605 in August, up 8.6 percent from August 2014.

The Crestview-Fort Walton Beach-Destin area had the largest year-over-year increase at 28.1 percent, followed by Jacksonville at 20.8 percent and Gainesville 20.3 percent.

Meanwhile, the median sales price in Orlando was $202,000, up 9.2 percent from this time last year, while the statewide median price of $199,900 grew 11.1 percent from August 2014.

The Sarasota-Bradenton and Punta Gorda metors saw the largest growth in median price, both at 21.4 percent increase.

“It’s been a summer of positive growth, showing strong gains in closed sales and median prices,” said 2015 Florida Realtors President Andrew Barbar, a broker with Keller Williams Realty Services in Boca Raton, in a prepared statement. “Statewide, median sales prices increased year-over-year for both single-family homes and townhouse-condo properties for the 45th month in a row in August. Closed sales rose for single-family homes and for townhouse-condo units, and it’s taking less time to complete or close those transactions: a median of 45 days for single-family homes and 54 days for townhouse-condos.”

To read full article from Orlando Business Journal visit: http://www.bizjournals.com/orlando/morning_call/2015/09/orlando-home-sales-grow-19-3-in-august.html?iana=ind_rre

Grande Realty Group

PATTY VISCONTI
Owner/Realtor

Phone- 407-234-8426

Fax- 407-641-8627

patty@grgorlando.com

Erin Hudson
Broker

Phone- 407-694-3489

Fax- 407-641-8627

erin@grgorlando.com

Patty Visconti - Grande Realty Group

PATTY VISCONTI
Owner/Realtor

Phone- 407-234-8426

Fax- 407-641-8627

patty@grgorlando.com

Erin Hudson - Grande Realty Group

Erin Hudson
Broker

Phone- 407-694-3489

Fax- 407-641-8627

erin@grgorlando.com

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