Although the numbers are down from the same period last year, from February to March, the number of existing home and condo sales is up in Florida. With 9,142 total existing single-family home sales in March, this marks a 10% increase over February’s 8,310 number.
Condo sales were up over 13% in March compared to February 2008 with 3,145 total sold, compared to 2,765 condos sold in February.
The median price for both housing types increased slightly as well during the one-month period. The median price of an existing single-family home reached $205,600 in March, compared with $198,900 the previous month. The median price of an existing condo rose to $176,600 in March from $175,600 in February.