- Feb 22, 2017
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You guys are always amazed at the workings of supply and demand. Florida growth will slow as housing gets to higher levels. Right now it’s still cheap. I own a place in NC and in Florida and the Florida place is 100 yards off the beach and about the same dollar per sqft as my NC home (6% more per sqft at the beach.. that is nothing).
California home price: Median $800k
Florida home price: Median $400k
Yep, normal retirees are being priced out of Florida. Alabama and Mississippi gulf cost communities are seeing a pretty large influx of retirees, everything Florida has to offer at a 1/3 or less of the price.