Homes Purchased by Florida Homebuyers in 2008

  

According to the Florida Association of Realtors in 2008:

 

Home Purchases in Florida in 2008

Single family homes accounted for 70% of purchases.

New home purchases accounted for 25% of  purchases.

The median price of homes purchased was $207,000.

The median square footage was 1760 square feet of living.

Buyers purchased a home within 15 miles on average of their previous home.

79% of buyers said commuter costs were a factor in their home purchase.

Buyers indicated they will live in their home for an average of 10 years.


 

This article is authored by

Sandy Shores, Brevard County Real Estate

Melbourne Florida Real Estate News

 
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