Florida Single Family Homes December 2021 Market Report
The Florida Single Family Home market activity had weaker sales volume compared to last December. The unprecedented low volume of inventory is the primary cause. Closed sales were down by 1.6% (were up by 4.3% in November). New sales under contract (new pending sales) were up by 4.2% (were down by 1.6% in November).
Prices, however, continue to rise. The median sales price rose by 21.0% (it was up by 19.6% in November). And, the average sales price was up by 19.0% (it was up by 17.2% last month).
The inventory of available homes for sale decreased by 33.7% from last year. This represents only a 1.0 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (December 2020 had a 1.8 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 August 2024 Market Report
- Florida Single Family Homes August 2024 Market Report
- Florida Townhouses and Condos 2024 2nd Quarter Report
- Florida Single Family Homes 2024 2nd Quarter Report
- Florida Townhouses and Condos July 2024 Market Report
- Florida Single Family Homes July 2024 Market Report
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 2021 Market Report
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