Florida Resales Up 4%

Sales of existing single-family homes in Florida totaled 21,318 in August, an increase of 4% (from the level recorded a year earlier) that follows decreases reported in the previous two months, according to the Florida Association of Realtors.The median sales price of homes sold in August climbed to $246,500, up 31% from $188,700 in August 2004, FAR said. Among the state's larger markets, resales increased 15% in the Jacksonville MSA, and 9% in the Tampa-St. Petersburg-Clearwater and Orlando MSAs, but they fell 5% in Miami, FAR reported.