The Florida Realtors July 2024 report on single-family sales activity shows there were 23,353 transactions, up 5.2% when compared to July 2023.
Year-to Date (YTD) numbers show that single – family sales transactions were down 1.7% seven months into 2024 when compared to last year.
On the pricing front, the July median sales price was $416,990, up 0.5% when compared to one year ago. The YTD numbers show a median sales price of $422,000, up 2.9%.
The report shows that there were 368 July single-family sales in the Tallahassee MSA, up 8.2% when compared to last year. The median sales price was $335,000, down 2.9% from July 2023.
YTD numbers show there have been 2,149 single-family transactions in the Tallahassee MSA through July, down 3.8%. The median sales price during this period was up 2.6%, to $331,700.
From a state perspective, 16 of the 22 MSA’s reported an increase in July transactions when compared to one year ago. For YTD comparisons, seven MSA’s reported an increase in sales transactions. Those MSA’s were Cape Coral-Fort Myers (1.4%), Lakeland-Winter Haven (0.8%), Sarasota (1.8%), Ocala (4.4%), Punta Gorda (13.3%), Sebastiona-Vero Beach (0.9%) and The Villages (3.8%).
YTD median price comparisons through July, show price decreases in four MSA’s, Cape Coral-Fort Myers (-5.3%), Fort Walton Beach-Destin (-1.2%), Panama City (-1.6%) and Punta Gorda (-1.3%).
Tallahassee MSA Single-Family Home Sales Up in July, Prices Down added by Staff on
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WOW, I may have to start considering making counter Offers to those wanting to buy my House, but only after November 10th.
Since Banks like to get Creative with their Mortgages sometimes, I wonder if they will consider doing a “Take Over Mortgage” where the buyer makes a deal with the Home Owner and pays a Fee to the Bank to allow the Buyer to Assume the Mortgage and take it out of the Sellers Name. This would be ideal if the Seller has a Low Interest Rate, mine is 2.74%. I could walk away with about $125,000 Cash.