Florida Resales Up

Sales of existing single-family homes in Florida totaled 17,219 in November, an increase of 1% from the level recorded a year earlier, according to the Florida Association of Realtors.The median sales price of homes sold in November climbed to $250,500, up 31% from $191,300 in November 2004, FAR said. Among the state's larger markets, resales increased 20% in the Jacksonville metropolitan statistical area and 16% in the Tampa-St. Petersburg-Clearwater MSA, but they fell 25% in Miami, FAR reported. (Miami was hit by Hurricane Wilma in late October, curbing the sales of existing homes in November.)