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And Now...Florida Home Prices Have Gone Up!

By
Real Estate Agent with Downing-Frye Realty, Inc. Naples, FL

According to a data just released by the Florida Association of Realtors (FAR), in addition to now nine straight months in a row for increasing sales volumes, it's now reported that "...for the first time in many months, the statewide median sales price in May for existing homes and for existing condos rose over the previous month's figure."

The release went on to say "...the statewide existing home median price in May was higher than the statewide median price reported in each of the previous four months."

Also stated, "A majority of the state's MSAs [ed: Metropolitan Statisical Area] have reported increased sales for 11 consecutive months.

I was wondering exactly when I would be able to report price increases. I believed that we were getting close and now we know!

Please visit www.BobPisa.com

 

Comments (1)

BLR Guy
BLRGUY(Beach & Luxury Realty Inc) - Saint Pete Beach, FL

Always nice to see some positive info on the real estate market Bob...Thanks for posting this!

Jun 23, 2009 12:06 PM