Upward trend for Florida housing market

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JACKSONVILLE, Fla. - New numbers for Florida's housing market are showing some good news. The number of homes selling and the price they're selling for continue to rise.

That trend holds true for Jacksonville's real estate market.

Statewide, home sales in May were up nearly 19 percent compared to a year earlier. It was the highest total for May since 2005.

The average sale price was $171,000.

In the Jacksonville metro area, closings of single-family homes were up 37 percent. That tied for the second-largest percentage increase in the state.

The average sale price was nearly $177,000.

Condo sales locally rose nearly 20 percent from a year ago. The average sale price was nearly $110,000.

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