Sanibel real estate blog: January continues market upswing.

Just in from the Florida realtors website: Florida’s housing market  reported increased sales, higher median prices, more pending sales and continued shrinking inventory levels in January.

STATEWIDE SINGLE FAMILY HOME SALES: 13679 for an 11.7% increase from the previous year

STATEWIDE MEDIAN SALES PRICE for SINGLE FAMILY: $145,000 up 12.4 % from the previous year

STATEWIDE CONDO SALES: 6670 up 2 % from the previous year

STATEWIDE MEDIAN SALES PRICE FOR CONDO: $112,000 up 18%

STATEWIDE INVENTORY SINGLE FAMILY HOMES: 5.6 months supply ( we were at 3 years supply at one point!)

STATEWIDE INVENTORY CONDOS: 6.2 month supply

INTEREST FOR A 30 year fixed-rate mortage: 3.41%

IF the time  has come  for Sanibel real estate search give the ANDREWS team a call at 239-849-3396. OR check out the Sanibel real estate listings on our website at www.chuckandrews.com .

 

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