Special offer

Increase in Florida home and condo sales

By
Real Estate Agent with Keller Williams Town & Country Realty

Florida existing single-family home and condo sales increased 13% and 12% respectively in October from a year ago, according to a release Monday from Florida Realtors.

The median sales price, however, dipped 4% from last year to $131,200 for single-family homes, while the condo median sales price rose 9% to $87,800.

The most noticeable change by city came in the Miami metropolitan area, where sales jumped 41%, from 546 to 769, for existing single-family homes and 63%, from 739 to 1,202, for condos, over year-ago figures.

The Miami Association of Realtors reported earlier this month a 51% increase from last year in third-quarter existing home sales, which include single-family homes and condos.

The Tampa-St. Petersburg-Clearwater area sold the most single-family homes in October at 2,207, a 15% increase from last year, followed by Orlando at 2,136 and Fort Lauderdale at 992.

Miami's 1,202 condo sales led that segment, trailed by Fort Lauderdale (1,150) and West Palm Beach-Boca Raton (906).

Home sales increased 13.5% nationwide for October from a year earlier, according to the National Association of Realtors.

Write to Andrew Scoggin.

Follow him on Twitter @ascoggin.

Posted by

 

 

Mike Carlos-Realtor
Short Sale & Foreclosure Specialist
Team Carlos, Realtors
 Tallahassee's #1 Short Sale Team Keller Williams Town & Country Realty
(850) 583-1919
Mike@TeamCarlos.info
www.TeamCarlos.info

 

Ellen Dittman
Watson Realty Corp. - Middleburg, FL
#1 Stop for NE FLA-JAX/OP 904.535.1199 (TEXT OK) r

It is a wonderful thing to hear such positive news! Best of luck in 2012!

Nov 22, 2011 04:06 AM
Mike Carlos
Keller Williams Town & Country Realty - Tallahassee, FL
Realtor, Tallahassee FL

It really is, Ellen! 

Nov 22, 2011 04:18 AM