Median home prices across region post largest declines in country

Sale prices of single-family homes on the Gulf Coast are bucking a national trend, according to data from the National Association of Realtors.

By Elizabeth King
| 5:00 a.m. November 19, 2024
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Florida

Median home prices are declining in every metro area on the west coast of Florida — even as home prices across 87% of the United States are on the rise, according to new data from the National Association of Realtors.

Punta Gorda saw the steepest decline in the country, the NAR data shows, with a 6.5% drop in median sales price for single-family homes in the third quarter, compared with the same period in 2023.