Has Florida's condo market finally bottomed out?
After a succession of year-to-year decline, the median condominium price rose 9 percent in October compared with October 2010. The median price is now $87,800, according to data released Monday by Florida Realtors.
That figure would appear to give Florida condos room to rise further, as the national median price was $163,800 in September.
The Florida condo sales volume was up a healthy 12 percent to 6,132 units.
