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Spanish Oaks Golf Club
Bee Cave, Texas

No other community in the Austin, Texas area offers the ultimate balance of tranquility and activity that Spanish Oaks does. Learn More

Governors Club
Chapel Hill, North Carolina

Governors Club is a 1,600-acre private gated residential community located in Chapel Hill, North Carolina. Learn More

Whitetail Club
McCall, Idaho

The quintessential Idaho mountain retreat set in in the heart of the Salmon River Mountains, Whitetail Club is a four-season, mountain-lake private community offering Golf, alpine skiing, fishing, biking, tennis on its 1,300 acres. Learn More

Jul 23, 2014

Sunny Outlook

(MIAMI, FL) The single-home market is looking rosy. More closed sales, higher median prices, increased new listings and a rise in inventory in June. Sales of single-family homes were 23,181 last month, up 14.6 percent over June of last year, reports World Property Channel. Not only that, it was the 31st consecutive month that median sales prices rose year-over-year for both single-family homes and townhome-condo properties. The statewide median sales price for single-family existing homes was $185,000 last month, up 5.2 percent from the previous year. It’s always good to put these numbers in perspective though. Florida Realtors Chief Economist Dr. John Tuccillo does just that, saying, "June was a very strong month for both the single-family and the townhouse and condo markets in Florida, and we are very encouraged by the data. But a look at one month alone does not ever truly describe the market. So when the strong June report is balanced by a somewhat weaker May, the picture of a market settling-in emerges. We are generally seeing slower increases in both sales and prices, and a rising level of inventories. All of this points to a continued steady, manageable growth in the Florida housing market."

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