According to Florida Realtors, existing home sales rose 1 percent statewide in the second quarter of 2011 compared with a year earlier. The second quarter of 2010 saw 51,973 homes sold and that rose to 52,421 for 2011. Condos saw a much larger gain of 14 percent, from 22,137 to 25,263.
The good news does not stop there, however. Statewide existing home sales increased 17.7 percent from the first quarter 2011 to the second quarter and condo sales rose 8.1 percent for the same period. The median existing home sales price rose 8.9 percent from the first quarter to the second quarter and the median price for condos rose 17.3 percent.
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