Statewide median single-family home prices rises in March


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The statewide median sales price for a single-family home in March was $405,000, up 2.1% from March 2022, according to data from Florida Realtors Research Department in partnership with local Realtor boards and associations.

In March, the statewide median price for condominiums and town homes was $320,000, up 3.9% compared with the same time last year.

March represents the latest numbers provided by the Orlando-based Florida Realtors issued April 21.

“Although mortgage rates have remained elevated so far this year, they’ve also generally fallen in a consistent range,” Florida Realtors Chief Economist Brad O’Connor said in the report.

“Consistency alone can be a comforting factor on the demand side in housing, as it reduces prospective buyers’ sense of uncertainty and makes them more comfortable wading back into the market,” he said.