S.W. Florida Broker Joe

The median price of homes sold in June dropped to $87,900, off below 50 percent from June 2008’s $172,400 and down less than 1 percent from May’s $88,500.

Statewide, the number of sales was 15,850, up 28 percent from 12,339 a year earlier and up from 13,921 in May. The median statewide price was $148,000, down 28 percent from $205,300 a year earlier and up from $144,400 in May.

Some more good news  the National Association of Realtors  that I am a member announced that sales of previously occupied homes rose for the third month in a row in June which is a long time coming! Not everyone is buying foreclosures! Home Builders close out pricing is working in getting home buyers back at looking at newer construction again!
The association said home sales rose 3.6 percent to a seasonally adjusted annual rate of 4.89 million last month, from a downwardly revised pace of 4.72 million in May. Home sales haven’t risen nationally for three straight months since early 2004, during the housing boom.

Sales are expected to increase through the end of 2009 with the current forecast for the first quarter of 2010 is a positive return to new home construction.  

Sales of foreclosures and other distressed properties made up about a third of all transactions last month, down from nearly half earlier this year.

Please call or email today for a complete list of Homes, Condos and Townhomes for sale in Southwest Florida.

I look forward to working with you!

Joe Kendall, Realtor Sandals Realty
Waterfront & Foreclosure Specialist
Phone 239-560-0726 Fax 239-236-0422
Discover Southwest Florida www.ViewSwFlorida.com
Search Homes in Southwest Florida www.JoeKendall.listingbook.com
Read Joe's Real Estate Blog www.SwFloridaRealtorsBlog.com