Florida Association of Realtors® reports median home value of $239,000 for May 2017

The Florida Association of Realtors® is reporting the state-wide median value for existing single-family homes as being $239,000 for the month of May 2017; a 7.7% year-over-year increase. Nearly 40,000 existing SFH’s, condos and town homes were purchased & sold last month, which is the highest total ever recorded for the State of Florida.
Comparatively, the median home value for existing single-family homes was $536,750 in California & $362,500 in Massachusetts, for the month of April 2017.
The full article is available for you here:
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Orlando Regional Realtor Association reports home values up 7%, year-over-year in its June 2017 Market Pulse Report

The Orlando Regional Realtor® Association (ORRA) released its June 2017 monthly Market Pulse Report reflecting the on-going housing shortage across Central Florida. The median home value for Central FL of $218,000 is up 7.4% year-over-year from May 2016 to May 2017. During the same timeframe, home sales have increased by 14% with inventory down 16.8%. During the past 6 years, overall home values have increased by 88%. The full article is available for you here: June 2017 Market Pulse Report