ORLANDO, FL /PRNewswire/ -- Many Florida Realtors(R) statewide noted positive movement in their local housing markets in June, with an upswing in the statewide median price reported for both existing home sales and condominium sales over May 2008, according to the latest housing statistics released by the Florida Association of Realtors(R) (FAR).The statewide existing-home median price in June was $205,500, up 1 percent from May's median price of $203,300.
The median price of an existing condo last month was $183,700, also up 1 percent from May's figure of $181,800.Nationally, existing home sales are expected to show some modest gains in the coming months, with a recovery predicted during the latter part of the year, according to the latest housing outlook from the National Association of Realtors(R) (NAR).
"Some markets have seen a doubling in home sales from a year ago, while others are seeing contract signings cut in half," said NAR Chief Economist Lawrence Yun (top right photo). "Price conditions vary tremendously, even within a locality."
For a complete copy of FAR's release, please contact Marla Martin, Communications Manager, or Jeff Zipper, VicePresident of Communications, +1-407-438-1400, ext. 2326 or 2314, both of Florida Association of Realtors(R)
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