Florida Home Sales Increase 16th Straight Month
ORLANDO, Fla. (Jan. 25, 2010) – "Florida’s existing home sales rose in December, marking 16 months that sales activity has increased in the year-to-year comparison, according to the Florida Realtors. Existing home sales rose 33% last month with a total of 14,630 homes sold statewide compared to 11,013 homes sold in December 2008. Statewide existing home sales last month increased 4.3% over statewide sales activity in November.
Seventeen of Florida’s metropolitan statistical areas (MSAs) reported increased existing home sales and higher condo sales in December. A majority of the state’s MSAs have reported increased sales for 18 consecutive months.
Florida’s median sales price for existing homes last month was $140,400; a year ago, it was $155,300 for a 10% decrease, and in November it was $139,000 for a 1% increase."