April 24, 2024

Northeast Fla., Jacksonville Business Briefs - October 2010

| 10/1/2010

condos
Price Plunge

Jacksonville-area condominium prices posted the most severe drop among metro areas in the nation between the second quarter of 2009 and 2010.

42% Condo price drop from the second quarter of 2009 to the same quarter this year

$126,900 Median price in last year's second quarter

$74,200 Median price this year

90% Jump in condo sales, from 359 to 682 as buyers snapped up bargains

Sources: National Association of Realtors and Florida Association of Realtors

Tags: Northeast

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