Report: Home and condo prices keep falling across the region

Home and condo prices across the west coast of Florida fell in April, continuing a steady downturn from just a year ago.

According to the real estate research firm Homes.com, the average home price fell — again — in Sarasota/Bradenton, Tampa Bay and the Fort Myers and Naples markets. 

Michelle Rumore, senior director of market analytics at the CoStar-owned Homes.com, says properties are sitting on the market longer. That is leading to sellers making concessions, especially in new construction, and price cuts on existing homes.