Florida Single-Family Home Prices Saw Big Jump Over Past Year

February 25, 2016

Florida’s housing market has continued on its path of steady growth, according to new data released by Florida Realtors. Median prices rose and single-family home sales and values both increased in January 2016.

The median single-family home sales price jumped to $199,000, which was up 13.7 percent from where it stood in January 2015. The number of single-family sales also rose, reaching 16,529, which marked a 2.7 percent increase from January 2015.

Condo sales prices also saw a big increase of 10.9 percent from a year prior and settled in at $152,000. January was the 50th month in a row that median sales prices increased year-over-year for both single-family homes and condos throughout the state.

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