Fla.'s Home, Condo Sales and Median Prices Higher in August 2011 - LoanSafe

Existing home sales increased 15 percent last month with a total of 16,206 homes sold statewide compared to 14,131 homes sold in August 2010, according to Florida Realtors. The statewide median Sales Price for existing homes last month was $137,500, up 2 percent from the year-ago figure of $134,900. The median is the midpoint; half the homes sold for more, half for less. In California, the August statewide median resales price was $297,060; in Maryland, it was $241,564. The statewide existing condo median sales price last month was $91,100; in August 2010 it was $81,500 for a 12 percent increase. According to NAR, the national median existing condo sales price was $167,500 in August 2011. It provides programs, services, continuing education, research and legislative representation to its 115,000 members in 64 boards/ associations. Get the latest news, information and tips from an online community you can trust. You just have to credit us and link to us, and you can't edit our material or sell it separately. If you're republishing online, you have to include all links. Realtors