The latest report from Florida Realtors revealed an increase in the median sales price for single-family homes in the state. In January, the median sales price reached $410,000, compared to the previous year. The report also detailed the values in 22 metropolitan areas across Florida, with Naples-Immokalee-Marco Island topping the list at $650,000 and Homosassa Springs at the lowest with $282,995.
South Florida, including Miami, Fort Lauderdale, and West Palm Beach, had the second-highest median price at $650,000. Other notable areas included North Port-Sarasota-Bradenton at $500,000, Orlando-Kissimmee-Sanford at $447,000, and Crestview-Fort Walton Beach-Destin at $425,000.
The report also highlighted prices in Port St. Lucie, Cape Coral-Fort Myers, Tampa-St. Petersburg-Clearwater, Sebastian-Vero Beach, Jacksonville, Palm Bay-Melbourne-Titusville, and The Villages, among others. Prices ranged from $369,990 in The Villages to $288,000 in Ocala.
Overall, the data suggests a positive trend in the Florida real estate market, with increasing median sales prices indicating a thriving housing market. Buyers and sellers in the state can use this information to make informed decisions regarding real estate transactions.
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