Great news if you are trying to sell an existing home or condo! The Florida Association of Realtors® (FAR) reports that existing home and condo sales were up in march of 2009. This means that for the seventh month in a row, there were sale gains in the year-to-year comparison. March also had a 32.7 percent gain in sales over the previous month.

If you are looking at buying a home, I would do it soon. Home prices will not have an immediate increase, but it may slow down the falling prices. Our Realtors® have noticed a general reduction in the number of homes on the market. Check out some of the statistics below.

Florida existing home sales: (month-to-previous-year comparison) * 30%

Florida existing condo sales: (month-to-previous-year comparison) * 25%

Florida existing home median price: * $164,600

Florida existing condo median price: * $172,300

Florida consumer confidence: * 65

National existing home sales: (month-to-previous-month comparison; all housing types) * -3%

National existing home median price * $175,200

National (Freddie Mac) mortgage rate (all housing types) * 4.8%

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