Existing Homes, Condo Sales Rise

According to Florida Realtors, sales of existing homes in Florida rose 12 percent in July 2011 from July 2010, for a total of 15,517 homes sold, up from 13,874. The statewide single-family median sales price was $136,500, which is a slight decrease from the $137,700 in July 2010. Existing condo sales also increased 12 percent, from 5904 units to 6619 units. The median condo sales price was $90,900, a four percent increase from July 2011, when it was $87,800.