Real estate prices and new listings both up


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  • | 5:02 p.m. June 23, 2014
12 BUZZ REAL ESTATE_ART
12 BUZZ REAL ESTATE_ART
  • Ormond Beach Observer
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Also: Local attorneys recognized

Florida and local real estate markets improve

Florida’s housing market reported more sales and new listings, as well as increased median prices in May, according to data released by Florida Realtors.

Closed sales of single-family homes statewide totaled 23,013 last month, up 3.6% over the May, 2013, figure. New listings in May rose 13.1% from last year.

The statewide median sales price for single-family existing homes last month was $180,000, up 4.3% from the previous year. The median is the midpoint, meaning half of the homes sold for more and half for less.

In the Daytona Beach area, there were 415 closed sales in May, compared to 348 in May of last year, and 649 new listings, compared to 539 last year. The median sales price was $155,000 in May, compared to $145,000 a year ago.

Attorneys named rising stars

Three attorneys with Cobb Cole law firm were selected as Florida Rising Star attorneys. The recognition goes to attorneys under the age of 40, or with less than 10 years of experience, who have exhibited a high degree of peer recognition and professional achievement, according to the Super Lawyers website, an attorney rating service.

Mike Sznapstajler, of Ormond Beach, was honored in the field of environmental law; Melissa Murphy, of Ormond Beach, for business litigation; and Kelly Parsons Kwiatek, a native of Ormond Beach, for employment litigation: defense.

 

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