Florida

Florida’s Housing Market Off 30 Percent from Last Year; Realtors Remain Optimistic 

As the housing slowdown continues, Florida’s resale market continues to be hit hard, according to statistics released today by the Florida Association of Realtors. A total of 11,912 existing single-family homes sold statewide last month, a decrease of 30 percent from the 17,088 homes sold during the previous November. The statewide existing-home median price was $242,500 last month, a 3 percent drop from one year ago, when the median price stood at $250,400.