Closed Sales For July 2016

Factoid

Defined as the number of sales transactions that closed during the month, closed sales are one of the simplest, yet most important indicators for the residential real estate market. Closed sales are affected by seasonal cycles which mean actual trends are more accurately represented by year-over-year changes, rather than changes from one month to the next. Florida Realtors shares an updated chart with July 2016 information added for single-family homes. Closed sales were high during July 2015 with 868, lowering to 680 closed sales in July 2016. 

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