Existing home sales in Florida increased 2.0% in April 2011 with a total of 17,192 homes sold statewide compared to 16,781 homes sold in April 2010, according to Florida Realtors. On a year-over-year basis, existing condos rose by 17.0% in April 2011.
Florida’s median sales price for existing homes in April 2011 was $131,700; a year ago, it was $140,300 for a 6 percent decrease. On a sequential basis, the median price for existing homes increased by 4.3% in April 2011 over March 2011.
The national median sales price for an existing home in the US was down 5.3% to $160,500 in April 2011.
Regarding condos in Florida, on a year-to-year basis 8,987 units were sold in April 2011 compared to 7,703 units in April 2010; this is an increase of 17.0%. On a sequential basis, existing Florida condo median sales price for April 2011 was $91,900; in April 2010 it was $100,200 for an 8.0% decrease.
In the US the national median existing condo sales price was $153,100 in March 2011; this increased by 9.0% in April 2011.
If you are thinking of selling or buying a home, or require more information, please feel free to contact me. You can text me or call me at the number below.
Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Lang Realty
561-247-3550
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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