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Florida real estate market heats up as sales, prices increase and inventory tight

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Florida’s housing market saw more sales, an increase in median prices and a tight inventory of homes for sale in September, according to data released by Florida Realtors and reported by Legislative IQ via Lobbytools. The statewide median sale price for a single family home hit $199.900 last month, an 11.1 percent increase year over year. Townhouses and condos saw a 5.1 percent gain over last year with a median sale price of $150,000. Short sales were also down 43…

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