Florida Resales Rise

Meanwhile, Florida resales bucked the national trend by rising 10% in November, according to the Florida Association of Realtors.Sales of existing homes totaled 11,630 statewide, compared with 10,613 a year earlier, FAR reported. The median sales price of homes sold in November hit $141,500, up 11% from $127,500 in November 2001. Among the state's larger metropolitan statistical areas, resales increased 21% in Fort Lauderdale, 8% in Orlando, and 5% in Tampa-St. Petersburg-Clearwater, FAR said.

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