Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Florida real estate prices are strong in October

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November 29, 2005

Florida real estate prices are strong in October

Florida real estate values shot up quite higher last October compare with the year ago. Not even hurricanes could stop it. The state's median home price rose to $241,000. A year ago, in 2004, it was about $188,800. It is hefty 28 percent increase. Interesting enough, in October 2000 the same median home price was $116,000.

On the other side, sale prices dropped a bit compare with September, when the median price was $247,800. Also the number of sold houses fell from 16,844 homes sold a year ago, to 16,029 existing single-family homes sold last month, meaning a higher unsold inventory of homes. More on Florida real estate is here ...

Posted in Real Estate at November 29, 2005 04:40 PM

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