New price data released

The median prices for existing homes and condominiums sold along the Gulf Coast in May suggest a full-blown recovery has not yet taken place.

Florida Realtors published last month's price data this week, and the numbers say more about individual Gulf Coast metropolitan areas than they do about the region as a whole.

In Fort Myers, the median sale price for single-family existing homes was down 4.5% relative to April, but still a shade higher than March's number. The same metric rose marginally in Sarasota-Bradenton and in Tampa Bay, with increases of 1.7% and 2.0% respectively.