FL: Median House Price Rises
The Florida Association of Realtors is reporting that statewide, the existing-home median price rose 13 percent to $249,700 last month; a year ago, it was $221,100. Nationally, the median sales price for existing single-family homes was $217,300 in March, up 7.8% from a year earlier. Local experts believe that demand, while down, will still remain strong as people continue to move to Florida and the employment scene remains strong.