The industry group Florida Realtors last week released a report that showed the statewide median sales price for single-family existing homes in March was $412,500. The Naples-Immokalee-Marco Island SMSA again leads the state with a median home price of $800,000.A median home price is the middle value in a collection of home sales prices with half the homes selling at a lower price and half higher. This is how the typical home price in a given area or market is calculated, giving a better representation than the average price, which can be skewed by extreme values.

The Sarasota County Commission voted unanimously Tuesday morning to stop work on a proposed agreement with Hi Hat Ranch, directing staff to cease further drafts of any agreement. The project will not move forward until a public workshop is scheduled within six months.The decision follows a Florida Trident investigative report published just a day earlier, which raised concerns about the deal’s financial impact — requiring taxpayers to cover half of a $28 million road-widening project for a segment of Bee Ridge Road between Bent Tree Boulevard to Lorraine Road.

Homeless advocates are having a tough time getting the unhoused to participate in the annual homeless count

Student housing is limited near the Florida Gulf Coast University campus. Only three designated student housing complexes are in the area, creating an expensive apartment market for college students. With limited on-campus housing, many students struggle to find affordable living options during the school year.

The Coastal Village apartment complex near the FGCU campus in Estero has sold for more than $72 million. A trio of companies are joining up to purchase Coastal Village, long a favorite for FGCU and other students looking to live off-campus.

A Miami company has gotten the OK to access money to build affordable housing in Lee County.Lee Commissioners Tuesday approved a deal that uses post-Ian recovery money for mortgage revenue bonds.

Lee County is granting $89 million for affordable housing. The money comes from the federal government, part of the $1.1 billion coming to Lee to help recovery from Hurricane Ian.

FEMA has announced an extension in its housing program from Hurricane Ian.