Florida Home Sales and Median Price
Definition:
Single-family existing home sales are previously owned homes in which the sale closed in that month. Single-family home price is the median price of all the homes sold in that month.
Source:
Florida Realtors
Frequency:
Monthly Home sales create jobs and revenue for realtors, loan agencies, and construction firms, all of which are important to Florida’s economy. Also, homeowners realize a gain in equity when home prices rise, providing a further spur to spending.
