Closing strong
ORLANDO, Fla. – December 20, 2012 -- Florida’s housing market has improved in 2012 compared to 2011, and keeps pushing forward. The year is closing out strong with sales and prices continuing their positive trends. With one month left to go, let’s look at the progress in November as well as year-to-date.
Florida’s pending sales were significantly higher in November. Single-family homes had 45.8% more pending sales in November 2012 than November 2011. Townhouse-condo pending sales were up 30%. Closed sales show a similar trend – increased pending sales push some closed sales through even with hurdles in the market. Both single-family and townhouse-condos closed sales increased from last year. The more exciting news – looking at the difference in the year-to-date numbers – is a 13,703 improvement in single-family closed sales and an 880 increase in townhouse-condos for the year as a whole.
ORLANDO, Fla. – December 20, 2012 -- Florida’s housing market has improved in 2012 compared to 2011, and keeps pushing forward. The year is closing out strong with sales and prices continuing their positive trends. With one month left to go, let’s look at the progress in November as well as year-to-date.
Florida’s pending sales were significantly higher in November. Single-family homes had 45.8% more pending sales in November 2012 than November 2011. Townhouse-condo pending sales were up 30%. Closed sales show a similar trend – increased pending sales push some closed sales through even with hurdles in the market. Both single-family and townhouse-condos closed sales increased from last year. The more exciting news – looking at the difference in the year-to-date numbers – is a 13,703 improvement in single-family closed sales and an 880 increase in townhouse-condos for the year as a whole.