Florida Existing-Home Sales Rise

Sales of existing single-family homes in Florida rose 6% in May, according to the Florida Association of Realtors.Statewide, 19,135 homes were sold in May compared with 17,997 in May 2002. The statewide median sales price rose 8% to $151,200 from $139,900 a year earlier, FAR said. Among the state's larger metropolitan statistical areas, Tampa-St. Petersburg-Clearwater reported the largest number of resales, as 3,533 homes changed hands, up 13% from 3,123 homes a year earlier. The MSA recorded an 8% increase in the median sales price.

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