Posted in Politics

Florida home sales up, just not here

   January 26, 2009

St. Pete Times reports that December was the fourth month in a row that existing homes rose in the Tampa Bay area. Foreclosures are driving the sales prices down and people are buying.

From December 2007 to December 2008, sales here rose 16 percent from 1,597 to 1,857. Median sales prices fell 27 percent from $199,800 to $145,700 for the same period.

The paper reports: “The December sales picture across Florida was similar: Sales up 27 percent, prices down 27 percent. Sales rose in 16 of 20 Florida housing markets. Gainesville, Tallahassee, Pensacola and Punta Gorda were the down markets.”

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