Official: November 2019 Florida Housing Report (Video & PDF)

November 2019 Florida Housing Report

Data released 12/19/2019

The official November 2019 Florida Housing Report was released reflecting Florida as a state continual increase in closed sales and a rise in median home prices (95th straight month) over last year’s performance.

Locally, both Collier and Lee County’s single-family real estate market reflects a year to date sales growth over last year, with Lee’s median home price leveling out, while Collier’s declines.

The condo and townhouse real estate markets for both of these counties reflect sales remaining fairly flat year to date along with the minimal median price leveling out in Lee versus the continued slight decline in Collier.

Official: November 2019 Florida Housing Report | Market Update with Brad O’Connor Ph.D.
Inventory levels will continue to play a major factor in Housing Market performance for 2020.~Michelle Richard – Broker/Owner Almost Home Real Estate Services Click To Tweet

Schedule an appointment to discuss the housing market impact on you.

November 2019 Florida Housing Activity by Metropolitan Statistical Area (MSA)

This report reflects single-family homes, townhouses and condos closed sales and median sale prices. This data is a summary and detail of the 22 marketing statistical areas (MSA) of Florida.

The TERMS Glossary will explain the importance of each of these metrics.

State of Florida – Single-Family Homes
Closed 21,842 sales, up +6.1% compared to last year.
Median sale price increased +3.9% to $265,000.
Year to Date
Closed 268,563 sales, up +4.4% over last year.
Median sale price increased +3.5% to $263,000.

State of Florida – Townhouse / Condo
Closed 8,101 sales, down -6.3% over last year.
Median sale price increased +5.4% to $195,000.
Year to Date
Closed 106,054 sales, down -2.2% over last year.
Median sale price increased +2.7% to $190,000.

Collier County

Naples / Marco Island / Immokalee (MSA) – Single Family Homes
Closed 385 sales, up +12.2% over last year.
Median sale price increased +1.8% to $435,000.
Year to Date
Closed 4,893 sales, up +8.2% over last year.
Median sale price decreased -4.2% to $430,000.

Naples / Marco Island / Immokalee (MSA) – Townhouse / Condo
Closed 378 sales, up +2.2% over last year.
Median sale price decreased -1.7% to $263,125.
Year to Date
Closed 5,149 sales, up +0.3% over last year.
Median sale price decreased -2.5% to $268,000.

Lee County

Cape Coral / Fort Myers (MSA) – Single Family Homes
Closed 1,001 sales, up +6.6% over last year.
Median sale price increased +5.0% to $262,500.
Year to Date
Closed 12,567 sales, up +1.0% over last year.
Median sale price increased +2.4% to $258,000.

Cape Coral / Fort Myers (MSA) – Townhouse / Condo
Closed 474 sales, up +4.9% over last year.
Median sale price increased +4.3% to $195,000.
Year to Date
Closed 6,303 sales, up +1.1% over last year.
Median sale price remained even at $190,000.

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Two Page PDF download link below.

source: FloridaRealtors.org

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In Summary

How can you take advantage of the current market conditions? Is it the best time to Sell, to Buy? How can I get the best deal?

If these questions have crossed your mind recently, then it’s time to review your options. Simply request your complementary consultation about your goals and realistic outcomes, all backed by facts. We’ll provide a customized report dialing down statistics to your street level if your selling and if you’re in the market to buy, your target neighborhood to shed light on the outcome. With our full concierge services, we stress over the details so you don’t have to.

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A seasoned marketing professional that sells real estate. His vast executive experience incorporates rock-solid strategic operations and stunning brand development. He manages both Almost Home locations. (Cape Coral, FL, and Westerly, RI). Chris has a healthy obsession with lifelong learning and skill development. As a result, he is a licensed FL & RI REALTOR®, Pricing Strategy Advisor, Accredited Staging Professional, and Real Estate Consultant. Chris is tenacious with the evolution of our distinct concierge services. Thus, his laser focus on the dynamic residential real estate market keeps us two steps ahead of the competition. Making Real Estate, Simplified.

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