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South Florida home and condo sales surge amid lower prices
Among continued signs that the steepest of the declines may be over, falling median prices for Miami homes for sale in South Florida were boosted in August versus a year ago. The figures were in contrast to national numbers, which showed a dip in sales for the first time in four months.
The Florida Association of Realtors reported, in August Miami homes for sale were up 22%, while the median price was $194,800, a slide of 29% versus a year ago. Miami condos for sale also rose by 17% as median condo prices dropped 31% to $144,700.
In Broward you see a similar pattern, where Miami homes for sale were up 35%, while the median price dropped 20% to $217,000. Miamicondos for sale rose 61%, with the median price falling 36% to $85,100.
gns that the steepest of the declines may be over, falling median prices for Miami homes for sale in 
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