FL Home Sales Increase For 21st Month Year-to-Year, Median Prices for Third Straight Month
ORLANDO, Fla., June 22, 2010 – "Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors.
A total of 16,745 single-family existing homes sold statewide last month compared to 14,172 homes sold in May 2009 (see chart above). The statewide existing-home median price of $140,400 in May was slightly higher – by $300 – than April's statewide existing-home median price of $140,100. It marks the third month in a row that the statewide existing-home median price has increased over the previous month's median."