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…

Story continues

TRENDING NOW

LATEST LOCAL NEWS