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Florida enjoys mini-sales boom on condos in June 

Jul 25, 2011By

Florida’s existing-condo sales rose 8% in June with 7,922 units sold statewide compared to 7,330 sold in June 2010, according to Florida Realtors. The statewide existing-condo median sales price last month was $94,100, up 2% from $92,300 in June 2010. “Promising signs continue for a slowly strengthening economy and housing market,” said 2011 Florida Realtors President Patricia Fitzgerald, manager/broker-associate with Illustrated Properties. “Mortgage interest rates remain historically low and affordability conditions are strong.”

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