Florida year end home sales up for 2011 by 8 percent.

The close of 2011, looks good for Florida’s existing home and condominium markets sales compared to the previous year, according to the latest housing data released by Florida Realtors®. It was the third year in a row to show improvement for Florida  home and condo sales as higher year-over-year sales were reported at the close of the past three years (2011, 2010 and 2009), records show.

Looking back on 2011, Florida’s existing home sales rose 8 percent for the year. A total of 185,921 homes sold in Florida compared to 172,462 homes sold in 2010. The statewide existing home median price for 2011 was $131,700, a three percent decrease from 2010 when it was $135,900.

 In Florida’s condo market, a total of 87,581 units sold statewide in 2011, a gain of 15 percent compared to 76,209 units sold in 2010. The statewide existing condo median price in 2011 was $88,300; it was $90,000 in 2010 for a 2 percent decrease.