Existing Florida Real Estate Home Sales Improve
According to the latest Florida housing statistics released by the Florida Association of Realtors, Florida Realtors statewide reported slight gains in existing home and condominium sales from February to March 2008. A total of 9,142 existing single-family homes changed hands in March which was a 10% increase over the previous month when 8,310 were homes sold. With 3,145 units sold in March compared with 2,765 condos in February, existing Florida condo sales statewide rose 13.7%,
During the one-month period, the median price for both housing types increased slightly as well. The median price of an existing single-family home reached $205,600 in March, compared with $198,900 the previous month. The median price of an existing condo rose to from $175,600 in February to $176,600 in March....
Click for full article...Florida Home Sales, Miami Beach Real Estate
2 comments:
Good news, after so much bad... wonder if it's a continuing trend...
We have another six years of inventory for condos....but if you have the money to invest and can wait a couple years to see a return-its a good time to buy!
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