SHARE:
Northeast Fla., Jacksonville Business Briefs - October 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