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.
The 2020 Florida housing market continued to amaze in October with a year-over-year increase of nearly 27% in single-family home sales and 30% in the condo and townhouse category. Inventory remained tight, although not as tight as previous months.