Lisa Carey Real Estate Blog at Carey Cottage, Tallahassee

Existing home sales totaled 17,228 statewide, up from 16,790 sold in May 2010, according to the latest housing data released by the trade asso­ciation Florida Realtors. Statewide sales of existing condos rose 17 percent in May compared to the year-ago sales figure.

May is the sixth consecutive month that the group has reported higher year­over- year existing home and condo sales statewide, Florida Realtors said.

Figures from the Tallahassee Board of Realtors showed a total of 250 sales of single-family homes, townhouses and condos sold in the Tallahassee metro area in May, down from 347 in May 2010. The totals include the entire metro area of Leon, Gadsden, Jef­ferson and Wakulla counties.

Nationally, home sales sank 3.8 percent last month to a seasonally adjusted annual rate of 4.81 million homes, the National Association of Realtors said Tuesday. That’s far below the roughly 6 million annual sales rate typical in healthy hous­ing markets.

Posted by Lisa Carey on June 22nd, 2011 8:52 AMPost a Comment (0)

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