Florida Home Sales Increase While Sales Slow Nationally
Written by Mr. Real Estate
Published January 01, 2004
Published January 01, 2004
While national home sales dropped to 6.06 million in November from 6.35 million in October, Florida home sales increased by 4-percent for single family homes, at 10,322 statewide. At the same time last year sales totalled 9,917, according to the National Association of Realtors.
Florida's median sale price rose from $153,300 one year ago to $172,500 this year.
Low interest rates, population growth and the high demand for owning a home, or condo, are believed to be what's driving the market.
Information from RisMedia.com was used for this report.
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- Florida Home Sales Increase While Sales Slow Nationally
- Published: January 01, 2004
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- Section: Culture
- Writer: Mr. Real Estate
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