Florida Single Family Homes February 2025 Market Report
The February Florida Single Family Home real estate market had decreased sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and mortgage rates higher than recent past. Closed sales were down by 7.0%% (were up by 3.6% in January). New sales under contract (new pending sales) were down 6.6% (were down by 4.1% in January).
Prices were mixed for February when compared to last year. The (year-to-year) median sales price was even at $415,000 (up by 1.2% in January). And, the average sales price was up by 11.0% (up by 5.0% last month).
The inventory of available homes for sale increased by 31.6% from last year. This represents a 5.3-month supply of inventory (February 2024 had a 3.9-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered one with a 6 to 7-month supply of inventory.
Please click on the image or link below to download the full Florida single-family real estate market report.
Previous Florida real estate market report posts.
Recent Florida Market Report Posts:
- Florida Townhouses and Condos February 2025 Market Report
- Florida Single Family Homes February 2025 Market Report
- Florida Townhouses and Condos January 2025 Market Report
- Florida Single Family Homes January 2025 Market Report
- Florida Townhouses and Condos Sales 2024 Yearly Review
- Florida Single Family Home Sales 2024 Yearly Review
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 February 2025 Market Report
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