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January 21, 2012

Florida's Existing Home and Condo Sales Down in December 2011, But Sales Activity Higher Overall For 2011   Courtesy of The Goulding Report

Sales of existing homes and condominiums in Florida were down slightly in December 2011, with a significantly positive trend reported overall for 2011, as statewide sales activity posted gains over the previous year, according to the latest housing data released by Florida Realtors®. 

A total of 15,290 existing single-family homes sold statewide in December 2011, down 2 percent from the 15,546 homes sold in December 2010.  The statewide existing home median sales price last month was $134,300; in December '10 it was $133,000 for a 1 percent increase.

A total of 6,836 existing condos sold statewide in December 2011, down 2 percent from the 6,985 homes sold in December 2010.  The statewide existing condo median sales price last month was $91,900; in December '10 it was $88,400 for a 4 percent increase.

Existing home sales in Florida for December 2011 were down 2% statewide, with median sales prices up 1% compared to December 2010.  Existing home sales in Fort Myers were down 25%, with median sales prices up 36%, while home sales in Miami were up 16% with median sales prices up 5%.  Existing home sales in Panama City were down 19% with median sales prices up 3% for December 2011 vs. December 2010.

Existing condo sales in Florida for December 2011 were down 2% statewide, with median prices up 4% statewide.  Ocala showed an increase of 50% with median prices down 20%, while Fort Pierce showed an increase in condo sales of 26% with median sales prices up 20% compared to December 2010.  Existing condo sales in Panama City were down 8% with median sales prices up 14% for December 2011 vs. December 2010.

Existing home sales in Florida for 2011 were up 8% statewide, with median sales prices down 3% compared to 2010.  Existing home sales in Fort Myers were down 7%, with median sales prices up 15%, while home sales in Miami were up 36% with median sales prices down 9%.  Existing home sales in Panama City were up 13% with median sales prices down 9% for 2011 vs. 2010.

Existing condo sales in Florida for 2011 were up 15% statewide, with median prices down 2% statewide compared to 2010.  Orlando showed a decrease of 21% with median prices up 12%, while Miami showed an increase in condo sales of 54% with median sales prices down 3% compared to 2010.  Existing condo sales in Panama City were up 31% with median sales prices down 7% for 2011 vs. 2010.

For more information on Real Estate in Northwest Florida, and these complete real estate sales reports in PDF format, see below.

View December 2011 Home sales       View December 2011 Condo sales

View Year-End 2011 Home sales       View Year-End 2011 Condo sales

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