/PRNewswire/ Florida s housing market remained strong in April, with more closed sales, higher median prices, more new pending sales and increased pending.
Communications Manager, FloridaRealtors
In the first quarter of 2021, Florida’s housing market reported more closed sales, higher median prices and more new pending sales compared to a year ago, according to the latest housing data released by Florida Realtors. Closed sales of single-family homes statewide totaled 78,353 in 1Q 2021, up 19.4% from the 1Q 2020 level.
“A year ago, in early March, the first coronavirus cases were confirmed in Florida,” said 2021 Florida Realtors President Cheryl Lambert, broker-owner with Only Way Realty Citrus in Inverness. “Looking back at that first quarter, considering everything that we have all endured with the pandemic, and where we are today in the first quarter of 2021, it’s almost impossible to believe. While we continue to deal with the COVID-19 pandemic and follow guidelines to stay safe and protect our communities, Florida’s housing market remains strong. But, with demand for housing greater than the available supply, it contin
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ORLANDO, Fla., May 11, 2021 /PRNewswire/ In the first quarter of 2021, Florida s housing market reported more closed sales, higher median prices and more new pending sales compared to a year ago, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 78,353 in 1Q 2021, up 19.4% from the 1Q 2020 level. A year ago, in early March, the first coronavirus cases were confirmed in Florida, said 2021 Florida Realtors President Cheryl Lambert, broker-owner with Only Way Realty Citrus in Inverness. Looking back at that first quarter, considering everything that we have all endured with the pandemic, and where we are today in the first quarter of 2021, it s almost impossible to believe. While we continue to deal with the COVID-19 pandemic and follow guidelines to stay safe and protect our communities, Florida s housing market remains strong.
Media Relations and Communications Manager, FloridaRealtors
Florida’s housing market continues its momentum in March, with more closed sales, higher median prices, more new pending sales and increased pending inventory compared to a year ago, according to Florida Realtors latest housing data. The coronavirus was first detected in Florida on March 1, 2020.
“Even as we continue to deal with the pandemic and the real impact that COVID-19 has had on our lives, this spring is very different from what we saw last year,” said 2021 Florida Realtors President Cheryl Lambert, broker-owner with Only Way Realty Citrus in Inverness. “Intense buyer demand, combined with the high level of home sales sparked by very low interest rates, continue to reduce inventory levels, which is challenging for potential homebuyers. Due in part to this extreme shortfall of homes for sale relative to high demand, home prices keep rising, which also impacts the availability and affordability of housing o
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