Homes Resales' Median Price Rises 28 Percent in October

In Sarasota, the median sales price for a single-family home in October 2005 was $365,000, compared to $285,000 in October 2004. The number of single-family homes sold in October 2005 was 427, compared to 505 in October 2004.

Home sales statistics from the Florida Association of Realtors® (FAR) show that home prices continued to rise but the number of sales fell in October, notably in southern areas directly impacted by Hurricane Wilma's march across the state.

Read the rest of the article here: Florida Association of Realtors