April 24, 2024

Press Release

Report: The most expensive -- and least expensive -- housing markets in Florida

A new report from Coldwell Banker names Doral, located in Miami-Dade, the most expensive market in Florida.

| 11/10/2015

Coldwell Banker Real Estate LLC released its 2015 Home Listing Report (HLR), which ranks the affordability of the real estate markets in Florida. The Coldwell Banker® Home Listing Report named Hastings the most affordable market in Florida, with an average listing price of $95,267 while Doral ranked as the most expensive market in the state, with an average listing price of $552,890.

The annual report is the most extensive home price comparison tool currently available in the United States, ranking the average listing price of four-bedroom, two bathroom homes in more than 2,700 markets. While other affordability reports provide average or median prices for all homes in a given area, the Coldwell BankerHome Listing Report analyzes more than 81,000 four-bedroom, two-bathroom home listings to better address how much a home in one market would cost if the same home were located somewhere else in the country.

Rank Most Expensive Avg. Listing Price
1 Doral $552,390
2 Palmetto Bay $525,019
3 Parkland $504,836
4 Fort Lauderdale $481,066
5 Delray Beach $471,470
Rank Most Affordable Avg. Listing Price
1 Hastings   $95,267
2 Palatka $123,295
3 Spring Hill $137,637
4 Citrus Springs $138,473
5 Poinciana $139,526

Full data for Florida including affordability rankings of its local markets, is available on the Coldwell Banker Home Listing Report website.

 


Coldwell Banker Residential Real Estate is a leading full-service residential real estate brokerage company with more than 85 offices and 5,100 sales associates serving the communities of Central Florida, Flagler, Brevard, Palm Beach, Southeast Florida, Southwest Florida, Tampa Bay and the Panhandle. Worldwide, the Coldwell Banker network includes 3,000 offices with nearly 86,000 sales associates. Every day, Coldwell Banker Residential Real Estate properties are exposed to 16 million buyers on more than 725 high-traffic websites. For more information or to view local listings, visit ColdwellBankerHomes.com. To learn more about a career in real estate or affiliating with Coldwell Banker, visitJoinCBToday.com. Coldwell Banker Residential Real Estate is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company.

Tags: Housing/Construction, Real Estate

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