Categories: Uncategorized

Florida Home Sales and Prices Rise

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.

Karen

Recent Posts

Florida Down Payments Stay Above U.S. Norms

In Late-Q1 2026, Miami and West Palm Beach buyers typically put down ~20%, while Fort…

10 hours ago

Florida Outlook Tied to Investor Patience

An investor raised a question about Florida Real Estate's future and said the state could…

2 days ago

Florida Outlook Could Reward Patient Investors

An investor raised a question about Florida Real Estate's future and said the state could…

3 days ago

Sweet Escape: Realtor.com®’s June Luxury Housing Report Maps America’s Vacation-Home Hot Spots

More than half of Nantucket's housing stock is for seasonal use, the highest among luxury…

4 days ago

Is Florida’s Housing Market Finally Cooling?

Rising inventory levels continue giving buyers more leverage, especially in previously overheated coastal and Sun…

1 week ago

Florida Offers Abundant Home Choices for Buyers Nationwide

Florida faces a national housing oversupply, with one in seven U.S. homes listed there, 1.8…

1 week ago