The Real Deal Miami

Florida home, condo sales up as prices continue to drop

April 20, 2011 02:36PM

Existing home and condominium sales rose in March statewide and in 17 individual Florida cities, according to data released today by Florida Realtors. Condo sales rose 24 percent, compared to March 2010, while single-family home sales rose 12 percent during the same period. Meanwhile, median prices continued their decline as distressed homes remained a major force fueling sales activity. For single-family homes, the median sales price was $126,300 in March, down 7 percent from $136,000 last year. For condos, the median sales price was $84,300, down 11 percent from $94,800 last year. TRD