Florida’s Housing Market On the Upswing

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There’s more good news for Florida’s housing market, which continued its upswing in October with more closed sales, higher median prices, more new listings and a stabilizing supply of homes for sale.

According to the latest housing data released by Florida Realtors®, the state’s economy continues to improve, which is always good news for the housing market.

“For almost two years in a row, we’ve seen sales prices rise for single-famly homes and for condos, townhouses, duplexes, and mixed-use properties,” said Jaymes Nabors, co-owner of NBI Properties, Inc. and NBI Residential. “The majority of homes in Florida are selling now in less than two months, and that’s definitely also the case here on the Emerald Coast.”