Closed sales of single-family homes statewide totaled 18,701 last month, up 19 percent over February 2014.
“Florida’s housing market continues to show positive momentum,” says 2015 Florida Realtors President Andrew Barbar, a broker with Keller Williams Realty Services in Boca Raton. “Realtors across the state are reporting increased interest from both buyers and sellers – and with interest rates expected to rise in the next few months, now is certainly the time to take action.”
“On the buyer front, new pending sales for existing single family homes in February increased 14.7 percent year-over-year; pending sales for townhouse-condo units increased 7.5 percent,” says Barbar. “On the sellers’ side, new listings for single-family homes rose 5.5 percent year-over-year, while new townhouse-condo listings rose 3.1 percent.”