Florida's Existing Home Sales, Median Price Down in May 2007

U.S. NewswireJune 25, 2007

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To: REAL ESTATE EDITORS

Contact: Marla Martin, Communications Manager, +1-407-438-1400, ext. 2326, or Jeff Zipper, Vice President of Communications, +1-407- 438-1400, ext. 2314, both of Florida Association of Realtors

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Florida's Existing Home Sales, Median Price Down in May 2007

ORLANDO, Fla., June 25 /PRNewswire/ -- Statewide sales of existing single- family homes in Florida totaled 12,607 in May and were more in line with activity in May 2002 - prior to the housing boom years - than the May 2006 figures of 19,072 homes sold for a 34 percent decrease in the year-to-year comparison, according to the Florida Association of Realtors(R) (FAR).

Florida's median sales price for existing single-family homes last month was $237,000; a year ago, it was $250,100 for a 5 percent decrease. The medi...

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