Home prices rise again in Northeast Florida
Typical home prices in Northeast Florida surged to $325,000 in November, close to one-quarter more than buyers paid a year earlier, data from the Northeast Florida Association of Realtors shows.
The median sales price for homes of all types rose $25,000 since June and 23.6 percent since November 2020, according to data the group released last week. Single-family house prices climbed to a median price of $350,000.
The price hike has accompanied a relative shortage of homes for sale that has shrunk the inventory of First Coast homes on the market by nearly one-third since November 2020.
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