Florida Home Sales Increase 13th Straight Month

ORLANDO, Fla. - Oct. 23, 2009 - Florida’s existing home sales rose in September, which marks more than a year (13 months) that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors. September’s statewide sales also increased over sales activity in August in both the existing home and existing condominium markets.

Existing home sales rose 34% last month with a total of 14,419 homes sold statewide compared to 10,778 homes sold in September 2008, according to Florida Realtors (see chart above). Statewide existing home sales last month increased 4.1% over statewide sales activity in August. Florida’s median sales price for existing homes last month was $142,000; a year ago, it was $174,900 for a 19% decrease.

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