Florida closed 24.1K existing single-family sales statewide in Early-Q2, ↑2.4% yearly, with median price ↑1.8% to $420K across resale market, excluding new construction.
New pending sales hit 27.7K statewide in Early-Q2, ↑8% yearly, while median time to contract stayed steady at 44 days for sellers and buyers.
Inventory looked balanced: months’ supply reached 4.7, compared with 5.6 one yr earlier, within the four-to-six balanced-market range used by industry guidance.
National 30-yr mortgage rates recently moved from just under 6% to mid-6%, so buyers are checking affordability before offers with local guidance.
Statewide leadership described the market as steady, advising households to discuss current numbers, neighborhood context, and timing with a REALTOR® before deciding.
