ORLANDO, Fla. – Feb. 11, 2015 – Florida's housing market reported higher median prices and gains in inventory during the fourth quarter of 2014, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 62,080 in 4Q 2014, up 14.9 percent over the 4Q 2013 figure.

"The positive fundamentals of Florida's housing sector continued in the fourth quarter of 2014," said 2015 Florida Realtors President Andrew Barbar, a broker with Keller Williams Realty Services in Boca Raton. "Our population continues to increase with about 800 people a day moving to the Sunshine State, while Florida's growing economy is creating new jobs and putting residents back to work."

The 4Q 2014 statewide median sales price for single-family existing homes was $180,000, up 5.9 percent from the same time a year ago, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties during the fourth quarter was $143,000, up