May 2023 Florida Housing Report
May 2023: Home Prices Hold Steady
Median prices for closed existing single-family home sales remained pretty much exactly in line with last year, continuing the trend we've seen pretty much all year.
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April: Home Prices Dip, Inventory Builds
April's market numbers show that the median sale price for single-family homes dipped 4% year-over-year—the largest such drop since 2011—while overall prices still remain significantly higher than pre-pandemic levels. NEXT REPORT: June 23
March & 1Q 2025: Market Steady Amid Rate Fluctuations
March closed sales of single-family homes slipped just 1.3% year-over-year, while pending contracts actually rose by over 0.5% amid 30-year mortgage rates averaging about 6.75%. NEXT REPORT: May 22
February: Rising Inventory, Shifting Trends
We're seeing a shift toward a more balanced market with increasing supply giving buyers more negotiating power. NEXT REPORT: April 24.