Sunday, January 03, 2010

Florida House Prices

Median house prices in Cape Coral-Fort Myers, Florida have fallen to USD 92k. Many metro areas across the state have medians around USD 150k or less. Even assuming that many of these locations will be under the sea in a century or two (most of Cape Coral is less than 2 metres above sea level) it's not bad for a century or so lease :)

Meanwhile in Australia, house prices continue to rise. Single family homes in Canberra have now reached a median of AUD 535k (USD 480k). Sydney is at AUD 550k and Melbourne 486k. The median apartment in Canberra is AUD 390k (Sydney 417k, Melbourne 402k).

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