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Home Prices Continue To Climb In South Florida

Posted May 14th, 2014 @ 7:00am

Home sales and prices up in South Florida for a 9th quarter in a row.

Median price for a home in Miami-Dade during the first quarter was up 11 percent to $230-thousand from the first quarter of last year.

Surprisingly, that's about the same median price as 2003!

The statewide median price was $168-thousand and the national median is $196-thousand.

The average South Florida home is listed for 47 days.

(Photo: Joe Raedle / 2014 Getty Images)

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