Florida Single Family Home Sales 2022 Yearly Review
The Florida Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 18.0% (up by 12.9% in 2021) and new sales under contract (new pending sales) decreased by 21.1% (up by 5.7% in 2021).
Both median and average sales prices were up (2021 to 2022) by 15.7% and 11.3% respectively. These numbers were 20.0% and 25.8% respectively for 2021.
The inventory of available homes for sale increased by 116.8% from 2021. While the month’s supply of homes increased to 2.7 months. Indicating that Florida single-family home market is still in a seller’s market.
Click here to view or download the full report:
2022 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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