September 15, 2019

News Release

Trulia market report: Florida Home Value Recovery

Chart showing major Florida metro areas, and how housing values have fared since the Great Recession.

U.S. Metro % of Homes Recovered to Pre-Recession Peak Value (Trulia, March 2017) Median Home Value (Trulia, March 2017) Pre-Recession Peak Median Home Value (Peak Dates Vary) Post-Recession Income Growth (Moody's Analytics, Jul 2009 - Dec 2016) Post-Recession Job Growth (Bureau of Labor Statistics, Jul 2009 - Feb 2017) Post-Recession Population Growth (U.S. Census Population Estimates, Jul 2009 - Jul 2016) Residential Vacancy Rate (Moody's Analytics, 2009 Q3)
 
Cape Coral- Fort Myers, FL 5.90% $226,220 $298,975 7.60% 30.10% 18.00% 30.60%
Deltona- Daytona Beach- Ormond Beach, FL 2.90% $176,654 $238,423 -1.70% 11.50% 8.20% 18.20%
Fort Lauderdale, FL 2.70% $227,425 $295,100 9.40% 9.90% 10.20% 15.70%
Jacksonville, FL 6.60% $178,605 $211,852 4.10% 17.60% 10.70% 12.70%
Miami, FL 10.80% $274,180 $331,864 2.20% 19.00% 10.10% 13.10%
North Port- Sarasota- Bradenton, FL 11.20% $245,828 $297,388 18.50% 27.90% 13.00% 22.60%
Orlando, FL 4.40% $202,696 $262,662 8.30% 25.60% 15.60% 15.40%
Tampa- St. Petersburg, FL 10.00% $180,846 $215,536 10.90% 25.00% 9.70% 15.00%
West Palm Beach, FL 7.20% $256,589 $323,142 10.20% 24.80% 10.40% 18.40%

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