Florida existing single-family home and condo sales increased 13% and 12% respectively in October from a year ago, according to a release Monday from Florida Realtors.
The median sales price, however, dipped 4% from last year to $131,200 for single-family homes, while the condo median sales price rose 9% to $87,800.
The most noticeable change by city came in the Miami metropolitan area, where sales jumped 41%, from 546 to 769, for existing single-family homes and 63%, from 739 to 1,202, for condos, over year-ago figures.
Florida existing single-family home and condo sales increased 13% and 12% respectively in October from a year ago, according to a release Monday from Florida Realtors.
The median sales price, however, dipped 4% from last year to $131,200 for single-family homes, while the condo median sales price rose 9% to $87,800.
The most noticeable change by city came in the Miami metropolitan area, where sales jumped 41%, from 546 to 769, for existing single-family homes and 63%, from 739 to 1,202, for condos, over year-ago figures.
The Miami Association of Realtors reported earlier this month a 51% increase from last year in third-quarter existing home sales, which include single-family homes and condos.
The Tampa-St. Petersburg-Clearwater area sold the most single-family homes in October at 2,207, a 15% increase from last year, followed by Orlando at 2,136 and Fort Lauderdale at 992.
Miami’s 1,202 condo sales led that segment, trailed by Fort Lauderdale (1,150) and West Palm Beach-Boca Raton (906).
Home sales increased 13.5% nationwide for October from a year earlier, according to the National Association of Realtors.
Write to Andrew Scoggin.
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