MANATEE - Manatee's existing homes sales and prices were up in September, according to housing data released today by Florida Realtors.
Homes sales increased by 7 percent from the same period in 2010 and prices were also up by 4 percent. Condo sales, however, dropped 4 percent from a year ago, and prices on condos also dropped by 10 percent.
Florida’s existing home and existing condo sales continued their upswing in September, according to the data. Existing home sales increased 10 percent last month with a total of 15,036 homes sold statewide compared to 13,723 homes sold in September 2010, according to Florida Realtors.
“One of the most overlooked statistical trends in all of real estate is the growth in home sales, both single-family and condo, in the state of Florida,” said Florida Realtors Chief Economist Dr. John Tuccillo. “We’ve seen an upward trend in sales since January 2011, and September’s sales were a full 10 percent above September 2010. Even prices, which have been static over the past few months, are well above where they were in January 2011.