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The statewide median fell slightly month-to-month in January to $559,640, but continued to climb in year-over-year terms with a 1.9 percent improve from $549,460 a year in the past. Moreover, pictures of the corresponding real property instruments (from taking part counties) are presently being added to the on-line system. Actual estate firms advertised low cost Florida condominiums to buyers in the Midwest and the Northeast, spurring a frenzy of money buyers that rapidly drove up costs from the market backside, she added.
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Six years of historic data (actual property information from 1993 by 1998) are currently being added to the system and extra historical knowledge will be added in the near future. Statewide present condo gross sales final month increased 25.1 percent over the full units bought in January. The statewide median sales value for single-household present houses in February was $134,000, up 7.2 p.c from the yr-in the past determine, in line with data from Florida Realtors Industry Knowledge and Evaluation division and vendor partner 10K Research and Advertising.
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