Sales Up - Buyers Going For Lower Priced Homes
LABELLE, FL. -- Statistics released by the Florida Association of REALTORS® on September 2009 sales of existing homes and condominiums indicate that sales were up overall statewide while median prices overall were down statewide.
Existing home sales in Florida for September 2009 versus September 2008 were up 34% statewide, with median sales prices down 19%, although some areas experienced significant differences. Existing home sales in Fort Myers were up 77%, with median sales prices down 37%, while home sales in Tallahassee were up only 1% with median sales prices up 2%.
Existing condo sales in Florida for September 2009 were up 77% statewide compared to September 2008, with median prices down 33% statewide. Orlando showed existing condo sales up 302% with median prices down 51%, while Melbourne showed condo sales up 10% with median sales prices down 22% compared to September 2008.