Karen Arbutine & Associates

End of 2009 Shows Florida's Existing Home and Condo Sales Rise

Tue, Mar 16, 2010 at 12:36PM

The sales of existing single family homes and condos in the state of Florida were up at the end of 2009, compared to the end of 2008.  Condo sales were up by 47% and single family homes up by 31%.  

The median price of Orlando's bank owned and short sales - which in January 2010 made up almost 75% of all closings - continues to cause alarm by dragging down the overall median sales price.  The median sales price of a home in Orlando was $169,900 in January 2010.

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