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.
Closed sales of existing single-family homes were up on a month-over-month basis in August, but that's likely in part due to August having a few more business days than July.
Florida’s housing market reported higher inventory and statewide median sales prices consistent with values of a year ago. Higher interest rates continue to be a challenge for buyers and sellers.
June and second quarter 2023 statistics showed signs of continued stabilization of median prices and improving inventory levels compared with a year ago, according to Florida Realtors®’ latest housing data.