Make us your home page
Instagram

Florida home sales continue upward trend

Worries over flood insurance, mortgage rates and low inventories have yet to derail Florida's housing recovery, as home sales stayed on a year-over-year growth streak last month, new Florida Realtors data show.

More than 18,000 single-family homes sold statewide last month, 18 percent more than September 2012, Realtors data show. And the median home price rose to $170,000, 17 percent higher than last year.

Though home sales slipped a bit from the summer boom, September marked the 22nd month in a row that single-family homes, condos and townhomes sold for more money than they did the year before.

The supplies of homes for sale remains dramatically low, however, nearly 30,000 homes were newly listed on the market in September, 20 percent more than the same time last year.

"We've moved into a slightly different stage of growth," said Realtors chief economist John Tuccillo.

The median price for a Tampa Bay single-family home in September was about $155,000, 20 percent higher than last year. Condos and townhomes sold for about $96,000, 10 percent higher than last year.

Florida home sales continue upward trend 10/21/13 [Last modified: Monday, October 21, 2013 2:27pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Target Corp. reaches $18.5 million settlement with 47 states over data breach

    Retail

    NEW YORK — Target Corp. has reached an $18.5 million settlement over a massive data breach that occurred before Christmas in 2013.

    Forty-seven states and the District of Columbia have reached an $18.5 million settlement with Target Corp. to resolve the states' probe into the discounter's massive pre-Christmas data breach in 2013. 
[Associated Press]
  2. John Morgan 'prepared to invest $100M' in medical marijuana

    State Roundup

    John Morgan spent nearly $7 million pushing two statewide ballot initiatives to expand medical marijuana throughout the state of Florida.

    Personal injury lawyer John Morgan says he's ready to invest $100 million in medical marijuana. [SCOTT KEELER | Tampa Bay Times]
  3. Google tracking real-world sales as well as online ads

    Business

    SAN FRANCISCO — Google already monitors your online shopping — but now it's also keeping an eye on what you're buying in real-world stores as part of its latest effort to sell more digital advertising.

     Google already monitors your online shopping - but now it's also keeping an eye on what you're buying in real-world stores as part of its latest effort to sell more digital advertising. 
[Associated Press]

  4. Labor Department green-lights retirement savings rule

    Personal Finance

    WASHINGTON — A Labor Department rule that would set higher standards for the advice brokers give to retirement savers will go into effect June 9 without further delay, Labor Secretary Alexander Acosta said Monday.

  5. Report: CEOs got biggest raise since 2013 with Charter Communications CEO on top

    Corporate

    NEW YORK — The typical CEO at the biggest U.S. companies got an 8.5 percent raise last year, raking in $11.5 million in salary, stock and other compensation last year, according to a study by executive data firm Equilar for The Associated Press. That's the biggest raise in three years.

    Charter Communications CEO Thomas Rutledge -- whose company took over Bright House Networks last year -- was the highest paid CEO in 2016, according to a study carried out by executive compensation data firm Equilar and The Associated Press. 
[Associated Press file photo]