Florida Real Estate Shows Big Gains
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It looks like the housing bubble has not started to effect Florida yet as housing prices are increasing throughout the state.
Across Florida, 64,978 homes changed hands during the three-month period for a seven percent increase over the 60,462 homes sold in third quarter 2004, according to the Florida Association of Realtors.
The statewide median sales price for third quarter 2005 rose 31 percent to $248,600; a year ago, it was $189,900. For third quarter 2000, the statewide median sales price of existing single-family homes was $119,700, which translates as an increase of about 107.6 percent over the five-year period. The median is a typical market price where half of the units sold for more and half sold for less.

