By the Numbers: May Housing Prices

Florida’s Housing Market Continued to Cool in May

Florida’s for-sale home inventory was up in May compared to a year earlier, and median prices were down, continuing a months-long statewide trend, according to housing data from industry association Florida Realtors. “Florida’s housing market is finding its balance, and that’s good for buyers and sellers alike,” Florida Realtors President Tim Weisheyer said in a news release. “We’re seeing more inventory, more opportunity, and a market that’s sh…

Charlotte County home prices drop again in May

Prices for single-family homes, condos and townhomes in Charlotte County continued to decline in May amid falling inventory levels, as some sellers pulled their listings from the market, according to Cindy Marsh-Tichy, president of Realtors of Punta Gorda-Port Charlotte-North Port-DeSoto Inc. “By fall, prices will have adjusted,” Marsh-Tichy predicted, pointing to a range of factors putting downward pressure on prices, including elevated insuran…

By the Numbers: May Housing Prices

The industry group Florida Realtors this week released a report that showed the statewide median sales price for single-family existing homes in May was $415,000. Here were median prices in the state’s metropolitan statistical areas: