In August, total sales of condos and single-family homes increased by 7%, reversing the four-month trend of slowing sales. During the month, the pace of condo sales increased by 9%, while single-family home sales accelerated by 6%. Sales increased from July in nearly all counties along the Florida East Coast. The most significant gains in sales occurred in Brevard and Duval counties. Throughout the region, by price range, the sales volume of homes priced less than $1 million increased by more than 8%, highlighting that demand for relatively affordable housing remains elevated.
New or fully updated properties are still the most desirable. New construction is a favorite and there are multiple and very attractive projects.
