Florida housing market reported slightly more new listings and a higher median sale price during the first quarter of 2019 according to the latest statistics released by Florida Realtors.
The average sale price is higher and the average month supply of inventory has increased to 5.7 months. The amount of closed sales have decreased from previous years.
Seller’s are receiving an average percentage of original list price of 94.9%. It is taking an average of 57 days for properties to go under-contract and an average of 100 days for properties to sell.
Florida housing market report a decrease in number of buyers paying cash.