- Introduction:
The purpose of this research study is to analyze the listings prices in the top 10 largest counties in Florida. The data used for this analysis was obtained from Airdeed Homes and was pulled on September 22, 2023. The data includes information on the county, count of active listings, average listing price, and median listing price. - Methodology:
The methodology involved collecting data from Airdeed Homes for the top 10 largest counties in Florida. The data collected includes the count of active listings, average listing price, and median listing price. The data was then organized and analyzed to derive meaningful insights. - Data Analysis:
The table below presents the findings of the analysis:
| County | Active Listings | Average Listing Price | Median Listing Price |
|---|---|---|---|
| Miami-Dade | 4,998 | $1,778,772.55 | $750,000.00 |
| Palm Beach | 5,403 | $1,403,941.17 | $599,000.00 |
| Broward | 4,584 | $961,151.28 | $478,750.00 |
| Pinellas | 3,176 | $764,931.57 | $486,950.00 |
| Hillsborough | 2,646 | $753,854.96 | $495,000.00 |
| Orange | 1,423 | $737,827.18 | $486,670.00 |
| Lee | 6,655 | $632,621.72 | $450,000.00 |
| Brevard | 1,358 | $484,912.96 | $389,900.00 |
| Duval | 1,921 | $466,599.35 | $337,990.00 |
| Polk | 1,733 | $412,493.45 | $356,000.00 |
- Key Findings:
- Miami-Dade County has the highest count of active listings (4,998) and the highest average listing price ($1,778,772.55).
- Palm Beach County follows closely with 5,403 active listings and an average listing price of $1,403,941.17.
- Broward County has the third highest count of active listings (4,584) but a relatively lower average listing price of $961,151.28.
- Pinellas County has 3,176 active listings with an average listing price of $764,931.57.
- Hillsborough County has 2,646 active listings with an average listing price of $753,854.96.
- Orange County has 1,423 active listings with an average listing price of $737,827.18.
- Lee County has the highest count of active listings (6,655) among the top 10 counties but a relatively lower average listing price of $632,621.72.
- Brevard County has 1,358 active listings with an average listing price of $484,912.96.
- Duval County has 1,921 active listings with an average listing price of $466,599.35.
- Polk County has 1,733 active listings with an average listing price of $412,493.45.
- Conclusion:
Based on the analysis of Airdeed Homes data, it can be concluded that Miami-Dade County has the highest count of active listings and the highest average listing price among the top 10 largest counties in Florida. Palm Beach County follows closely with a high count of active listings and a relatively lower average listing price. The findings provide valuable insights into the real estate market in these counties and can be used for further research or decision-making purposes.
