Lee County Home Sales Spike - Belies National Trend

~Florida Association of Realtors~
The number of existing houses sold in Lee County spiked up sharply in March, after a long slide that began last summer.
There were 636 single family homes sold with the assistance of Realtors in March, according to the association.
That's up 50% from February's 423 but still below the 955 sold in March 2006.

The median price increased 5 percent to $268,000 from February's $256,100 although that was still 5 percent less than $281,300 a year ago.
Prices have generally been increasing slightly since October 2006, but the number of sales has been flat or declining since July 2006.
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