Florida Home Sales Up 25% in November Over 2011

Florida Home Sales Up 25% in November Over 2011Florida’s housing market continued to rebound in November, with existing home sales and median prices making double-digit increases over last year.

Existing home sales closed during the month were 24.4 percent higher than a year ago. Pending sales, those signed but not closed, were even stronger. Sales expected to close within 90 days catapulted 45.8 percent last month from November 2011.

Last week, the Naples Area Board of Realtors announced that, locally, median prices increased 14 percent and closed sales were up 6 percent over the same month a year ago.

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Authored By – See the Full Story at Naples News

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