NWMLS says median closed sale price for existing homes in Pierce County in July was $541,000, down from June’s $545,000 and $575,000 in July 2022.

It was an up-and-down ride for Virgin Islands residential real estate the past dozen years, with sales reaching super heights in the early 2020s. Now sales are slowing slightly and some stakeholders worry that restrictive property insurance will lead to a small dip.

Deals across South Florida are falling apart, put on hold or tangled in litigation.  That’s partly due to the complicated nature of the deals. Typically one buyer is negotiating with up to hundreds of sellers, and the bulk purchase can take years to close.  The environment has also gotten more challenging because it’s harder for […]

1,337 residential unit sales were recorded last month, a 9.5-per cent jump in sales from July 2022. However, that’s a drop from June 2023, when the region saw 1,656 units sold.