Sales activity and median prices for Florida’s existing home and existing condo markets rose in August, according to the latest housing data released by Florida Realtors.
The Jacksonville market was up in home sales but condos showed a drop. Both areas were down in prices.
Existing home sales statewide increased 15 percent with a total of 16,206 homes sold compared to 14,131 homes sold in August 2010.
The statewide median sales price for existing homes was $137,500, up 2 percent from the year-ago figure of $134,900. August’s statewide existing home median price was also slightly higher than it was in July.
In Jacksonville, 943 sales were reported compared to 841 in the previous August. But prices went down from an average of $141,000 to $124,000.
In Florida’s year-to-year comparison for condos, 7,098 units sold statewide last month compared to 6,041 units in August 2010 for an increase of 17 percent. The statewide existing condo median sales price last month was $91,100; in August 2010 it was $81,500 for a 12 percent increase.
The Jacksonville market didn’t reflect that with a drop of 8 percent in sales and 4 percent in prices.