Florida's existing home sales rose in April - the eighth consecutive month that sales activity increased in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors (FAR). April's statewide sales showed gains over the previous month's sales level in both the existing home and existing condominium markets.
Florida Realtors also reported a 21 percent rise in statewide sales of existing condos in April; existing condo sales last month increased 6.2 percent over the total units sold in March. Fourteen of Florida's metropolitan statistical areas (MSAs) reported increased existing-home sales in April, including Daytona Beach. The number of single family home sales in Daytona rose 10%, while the median price decreased 29%.
In Florida's year-to-year comparison for condos, 4,660 units sold statewide compared to 3,862 units in April 2008 for a 21 percent increase. The statewide existing condo median sales price last month was $106,600; in April 2008 it was $178,900 for a 40 percent decrease. In the latest data available at press time, NAR reported the national median existing condo price was $177,600 in March 2009. In Daytona Beach, the number of condo sales decreased 6% from April, 2008, and the median sales price decreased 22%.
Contact me for a complete real estate market analysis of any area in Daytona Beach and surrounding communities.
Sherry Armstrong, Realtor
386-679-3191
www.sherryarmstrong.com
sherry@sherryarmstrong.com
Comments(0)