Florida Single Family Homes December 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales were both up for the month when compared to last year. Closed sales were up by 21.0% (were up by 22.9% in November). New sales under contract (new pending sales) were up by 30.7% (were up by 16.7% in November).

Prices were also up for December.  The median sales price rose by 14.4% (it was up by 14.1% in November). And, the average sales price was up by 29.5% (it was up by 25.9% last month).

The inventory of available homes for sale decreased by 44.1% from last year.  This represents a 1.8 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (December 2019 had a 3.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Recent Florida Market Report Posts:

• Florida Townhouses and Condos February 2025 Market ReportMarch 21, 2025
• Florida Single Family Homes February 2025 Market ReportMarch 20, 2025
• Florida Townhouses and Condos January 2025 Market ReportMarch 15, 2025
• Florida Single Family Homes January 2025 Market ReportMarch 14, 2025
• Florida Townhouses and Condos Sales 2024 Yearly ReviewMarch 4, 2025
• Florida Single Family Home Sales 2024 Yearly ReviewMarch 3, 2025

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes December 2020 Market Report