The statewide inventory of active single-family home listings, which Florida Realtors has been tracking since January 2008, is currently at an all-time low. And the scarcity of inventory and high demand for existing homes continues to drive home prices higher.
The Florida real estate market started 2021 strong, with closed sales way above our historical average. And the state is likely to remain well above our historical average for most, if not all, of 2021.
December's statewide count of closed existing single-family home sales was in excess of 30,000 — the second-highest total for any month in 2020. And in a sign of things to come, new pending sales in this category were up close to 43 percent year-over-year in December.