The Florida property scene is offering a varied picture, but those places where prices are still rising are at the top end, it has been reported.

In the state, Orlando property prices have fallen 17 per cent in the past year, Sify reports.

This is in contrast to some top-end locations in the state, such as Fisher Island, an exclusive development in the Miami Beach archipelago that has seen average prices rise by $525,000 (£310,000) to $3.85 million on average.

Sify noted that this contrast is also true across the US, with places in Silicon Valley in California still rising but average prices down.

However, such a situation, suggesting the house value falls are concentrated in places where prices are lower, could mean those looking to buy Orlando property will find it much more affordable.

Fisher Island is an exclusive location that can only be reached by boat from the mainland, the island’s website states.

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