The sales of both existing homes and existing condos throughout Florida rose in January, according to the latest housing data released by Florida REALTORS®. Existing home sales increased 14 percent last month with a total of 12,151 homes sold statewide compared to 10,702 homes sold in January 2010, according to Florida REALTORS®. January's statewide sales of existing condos rose 36 percent compared to the previous year's sales figure.
Seventeen of Florida's metropolitan statistical areas (MSAs) reported increased existing home sales in January; 16 MSAs had higher condo sales.
Florida's median sales price for existing homes last month was $122,200; a year ago, it was $131,000 for a 7 percent decrease.
In Florida's year-to-year comparison for condos, 6,681 units sold statewide last month compared to 4,916 units in January 2010 for an increase of 36 percent. The statewide existing condo median sales price last month was $79,400; in January 2010 it was $97,000 for an 18 percent decrease.
Seventeen of Florida's metropolitan statistical areas (MSAs) reported increased existing home sales in January; 16 MSAs had higher condo sales.
Florida's median sales price for existing homes last month was $122,200; a year ago, it was $131,000 for a 7 percent decrease.
In Florida's year-to-year comparison for condos, 6,681 units sold statewide last month compared to 4,916 units in January 2010 for an increase of 36 percent. The statewide existing condo median sales price last month was $79,400; in January 2010 it was $97,000 for an 18 percent decrease.
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