Home sales up in Jacksonville and statewide

Existing single-family home sales were up 7 percent in Jacksonville during the first quarter 2009, and the statewide numbers were even better. Condominium sales in Jacksonville dropped 9 percent, according to the Florida Association of Realtors.

Some 2,231 single-family homes were sold during the first quarter compared to 2,080 sold during the same period 2008. Median sales prices dropped 17 percent in the Jacksonville area to $151,800. A total of 235 condos sold during the first three months of 2009 in Jacksonville compared with 258 during the same period last year. Median sales prices for condos were down 13 percent in Jacksonville, to $125,700.

Single-family homes statewide were up 25 percent to 31,412 and the median sales price dropped 30 percent to $141,000. Statewide condos sales increased 19 percent to 10,143 and median sales price dropped 38 percent to $110,100. The statewide numbers mark the third consecutive quarter of growth for single-family sales and the second consecutive quarter of growth for condo sales.

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