South Florida home sellers still in control as prices rise in February

Tuesday Apr 4th, 2017


South Florida’s housing market may not be as frenzied as it was a few years ago, but the February figures show that sellers are still winning the price fight. Median prices for existing, single-family homes increased last month in Palm Beach, Broward and Miami-Dade counties, nudged higher by a shortage of homes for sale that limits the leverage of buyers. Palm Beach County’s median price was $315,000, up 7 percent from February 2016, the Realtors Association of the Palm... [read more]