Condo Sales Increase in March 2010

By
Real Estate Agent with EXIT Team Realty

An excerpt from the Monthly Brokers Report at Exit Realty Florida...

 

"Existing home sales increased 24 percent last month with a total of 16,294 homes sold statewide compared to 13,090 homes sold on March 2009, according to Florida Realtors. Statewide existing home sales last month increased 37 percent over statewide sales activity in February. Also noteworthy: While March's statewide existing home median price of $137,000 was down from the same time a year ago, it was 4.3 percent higher then February's statewide existing home median price.

 

Florida Realtors also reported a 63 percent increase in statewide sales of existing condos in March compared to the previous year's sale figure; statewide existing condo sales last month rose 40.6 percent over the total units sold in February. Though March's statewide existing- condo median price of $96,900 was down compared to the year ago figure, it was 5.1 percent higher then February's statewide existing condo median price"

 

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