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Friday, September 24, 2010

Jax Most Affordable Real Estate In Fla.

A new ranking says Jacksonville is the most affordable real estate market of all the cities in Florida.

Coldwell Banker put together the list, which is based on average listing prices of four-bedroom, two-bath homes for sale in nearly 300 markets.

The most affordable city in the nation is Detroit, where the average price is $68,000.

Jacksonville ranked 59th, with an average price around $185,000.

Orlando ranked 88th at $202,000, and Tampa ranked 140th at $242,000.

Gainesville was close behind at 145th, with an average price of $247,000.

And the most expensive city in Florida is one of the most expensive in the country.

Key West is in 262nd place out of nearly 300, with an average price of $643,000.

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