Florida Single Family Home Sales 2020 Yearly Review

Florida Single Family Home Sales 2020 Yearly Review

The Florida Single Family Home Sales for 2020 as reported by Florida Realtors shows that this last year continued the positive momentum with an improved rate from the previous year.   Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers market for the remainder of the year. Year to year closed sales were up by 5.8% (was up by 5.9% in 2019) and new sales under contract (new pending sales) increased by 9.2% (was up by 5.2% in 2019).

Florida Single Family Home Sales 2020 Yearly Review
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Both median and average sales prices were up (2019 to 2020) by 9.6% and 15.8% respectively.   These numbers were 3.7% and 2.3% respectively for 2019.

The inventory of available homes for sale decreased by 44.1% from 2019.  While the month’s supply of homes decreased to 1.8 months.  Indicating that Florida single-family homes remain in a strong seller’s market.

Click here to view or download the full report:
2020 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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.

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Florida Single Family Home Sales 2020 Yearly Review

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