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Florida existing condo and single family home sales rose yet again in March. According to a recent report released by the Florida Association of Realtors, Statewide figures for Condo sales rose 24 percent as compared to the same figures in March 2010, while statewide sales for single family homes rose 12 percent during that same time period.

In the tri-county area (Miami-Dade, Broward & Palm Beach counties), the report showed a 46.4 percent increase in condo sales which was almost double the 24 percent increase statewide. And a 28.4 percent increase in tri-county single-family home sales which were more than double the 12 percent increase statewide.

Although South Florida on the whole showed a decrease in median prices, sales continue to rise. In Broward County, which includes cities such as purchase eldepryl for depression Fort Lauderdale, Hollywood and Pills Hallandale, sales were up 25% for condos and 8% for single family homes. In Miami-Dade which includes cities and neighborhoods like, Downtown Miami, Brickell Buy http://www.babycaredaily.com/buy-rocaltrol-generic-name/ propranolol , Coral Gables serpina shipping , Coconut Grove, Miami Beach, South Beach, Bal Harbour, Sunny Isles Beach, and Aventura, reported sales were up 85% for condos and 59% for homes.

Of course sales of foreclosures and other distressed properties continue to hurt some median prices.

All of this data is good news for South Florida buyers and realtors. Sales are picking up, prices are low and investors and end-users alike are plucking up some great deals on South Florida real estate!

Condos

  • Miami-Dade: Sales were up 85 percent to 1,542 units, and the average price was down 30 percent.
  • Broward: Sales were up 25 percent to 1,837 units, and the average price was up 1 percent.

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  • Palm Beach: Sales were up 47 percent to 1,467 units, and the average price was down 17 percent.

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  • Miami-Dade: Sales were up 59 percent to 1,031, and the average price was down 19 percent.
  • Broward: Sales were up 8 percent to 1,169, and the average price was up 8 percent.

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  • Palm Beach: Sales were up 31 percent to 1,105, and the average price was down 24 percent.

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