Florida Association of Realtors recently release monthly sales figures for May, 2009.  Their report showed solid increases in the median sales prices for single family homes in the Jacksonville MSA (5 counties).  See chart below.

With the slumping economy, sale prices could have easily fallen instead of rebounding like they have.  Do you see how the prices seem to be stabilizing for both the Jax MSA (the blue line) and statewide (the red line).

Currently, the median sales price for the Jax MSA is $164,000.  That’s like local prices being ROLLED back to price levels not seen since 2004

For the complete FAR report, click here.

The next report coming is the June Sales report.  You’ll be encouraged with what you’ll see.

-Lee