Both Miami and Fort Lauderdale eked out tiny gains in year-over-year single-family existing home prices for the first quarter. The decline in West Palm Beach-Boca Raton was 4 percent.

The 2 percent median price rise in Miami made homes there the priciest in the region, at $386,300, up from $376,900 for the first quarter last year.

Condo prices rise in Miami, too. As far as existing condominiums sales, Miami was the only South Florida area to report a year-over-year gain in first quarter median prices. The 8 percent rise took median prices to $278,200 from $256,500.

In the state as a whole, the first quarter median price for an existing condos actually rose slightly - to $210,800 from $209,900 - as the number of condos sold declined 30 percent, to 10,537 units from 15,031 units.