Search Results for: florida single family market report

Florida Single Family Homes July 2021 Market Report

08.23.21 by

Florida Single Family Homes July 2021 Market Report

The Florida Single Family Home market activity had a decline in closed sales when compared to last year. Pending sales were also lower. This is a result of the historically low inventory of homes on the market. There are many buyers but not enough available homes. Closed sales were down by 2.1% (were up by 23.6% in June). New sales under contract (new pending sales) were down by 14.1% (were down by 13.8% in June).

Prices continued to rise.  The median sales price rose by 20.3% (it was up by 24.5% in June). And, the average sales price was up by 22.8% (it was up by 36.0% last month).

The inventory of available homes for sale decreased by 38.9% from last year.  This represents only a 1.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (July 2020 had a 2.5 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.

Florida Single Family Homes July 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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 July 2021 Market Report

Florida Single Family Homes June 2021 Market Report

07.22.21 by

Florida Single Family Homes June 2021 Market Report

The Florida Single Family Home showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 23.6% (were up by 57.9% in May). New sales under contract (new pending sales) were down by 13.8% (were up by 0.1% in May).

Prices continued to rise.  The median sales price rose by 24.5% (it was up by 27.7% in May). And, the average sales price was up by 36.0% (it was up by 47.3% last month).

The inventory of available homes for sale decreased by 47.3% from last year.  This represents only a 1.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (June 2020 had a 2.8 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.

June 2021 Florida Single Family Homes Market Report
Download the full report
Recent Florida Market Report Posts:

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 June 2021 Market Report

Florida Single Family Homes May 2021 Market Report

06.22.21 by

Florida Single Family Homes May 2021 Market Report

The Florida Single Family Home showed improved activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 57.9% (were up by 55.4% in April). New sales under contract (new pending sales) were up by 0.1% (were up by 60.7% in April).

Prices were also up for May.  The median sales price rose by 27.7% (it was up by 22.4% in April). And, the average sales price was up by 47.3% (it was up by 46.1% last month).

The inventory of available homes for sale decreased by 58.2% from last year.  This represents only a 1.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (May 2020 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.

Florida Single Family Homes May 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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 May 2021 Market Report

Florida Single Family Homes April 2021 Market Report

05.21.21 by

Florida Single Family Homes April 2021 Market Report

The Florida Single Family Home continues to show improved activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 55.4% (were up by 23.3% in March). New sales under contract (new pending sales) were up by 60.7% (were up by 48.2% in March).

Prices were also up for April.  The median sales price rose by 22.4% (it was up by 18.9% in March). And, the average sales price was up by 46.1% (it was up by 37.6% last month).

The inventory of available homes for sale decreased by 61.8% from last year.  This represents only a 1.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (April 2020 had a 3.4 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.

Florida Single Family Homes April 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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 April 2021 Market Report

Florida Single Family Homes March 2021 Market Report

04.22.21 by

Florida Single Family Homes March 2021 Market Report

The Florida Single Family Home continues to show stronger activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 23.3% (were up by 15.7% in February). New sales under contract (new pending sales) were up by 48.2% (were up by 10.9% in February).

Prices were also up for March.  The median sales price rose by 18.9% (it was up by 16.6% in February). And, the average sales price was up by 37.6% (it was up by 28.7% last month).

The inventory of available homes for sale decreased by 62.1% from last year.  This represents a 1.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (March 2020 had a 3.4 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.

Florida Single Family Homes March 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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 March 2021 Market Report

Florida Single Family Homes February 2021 Market Report

03.23.21 by

Florida Single Family Homes February 2021 Market Report

The Florida Single Family Home continues to show better activity when compared to last year. Closed and pending sales were both up for the month when compared to last year. Closed sales were up by 15.7% (were up by 18.0% in January). New sales under contract (new pending sales) were up by 10.9% (were up by 16.9% in January).

Prices were also up for February.  The median sales price rose by 16.6% (it was up by 15.1% in January). And, the average sales price was up by 28.7% (it was up by 25.6% last month).

The inventory of available homes for sale decreased by 56.3% from last year.  This represents a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (February 2020 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.

Download the full report
Recent Florida Market Report Posts:

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 2021 Market Report

Florida Single Family Homes January 2021 Market Report

02.25.21 by

Florida Single Family Homes January 2021 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 18.0% (were up by 21.0% in December). New sales under contract (new pending sales) were up by 16.9% (were up by 30.7% in December).

Prices were also up for January.  The median sales price rose by 15.1% (it was up by 14.4% in December). And, the average sales price was up by 25.6% (it was up by 29.5% last month).

The inventory of available homes for sale decreased by 51.1% from last year.  This represents a 1.6 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (January 2020 had a 3.4 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.

Florida Single Family Homes January 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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 January 2021 Market Report

Florida Single Family Homes December 2020 Market Report

01.23.21 by

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.

Florida Single Family Homes December 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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

Florida Single Family Homes November 2020 Market Report

12.22.20 by

Florida Single Family Homes November 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.9% (were up by 26.9% in October). New sales under contract (new pending sales) were up by 16.7% (were up by 20.7% in October).

Prices were also up for November.  The median sales price rose by 14.1% (it was up by 15.6% in October). And, the average sales price was up by 25.9% (it was up by 27.2% last month).

The inventory of available homes for sale decreased by 41.3% from last year.  This represents a 2.0 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (November 2019 had a 3.5 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.

Florida Single Family Homes November 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 November 2020 Market Report

Florida Single Family Homes October 2020 Market Report

11.20.20 by

Florida Single Family Homes October 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 26.9% (were up by 22.0% in September). New sales under contract (new pending sales) were up by 20.7% (were up by 31.4% in September).

Prices were also up for October.  The median sales price rose by 15.6% (it was up by 13.2% in September). And, the average sales price was up by 27.2% (it was up by 23.0% last month).

The inventory of available homes for sale decreased by 39.4% from last year.  This represents a 2.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (October 2019 had a 3.6 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.

Florida Single Family Homes October 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 October 2020 Market Report

Florida Single Family Homes September 2020 Market Report

10.23.20 by

Florida Single Family Homes September 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.0% (were up by 8.8% in August). New sales under contract (new pending sales) were up by 31.4% (were up by 21.5% in August).

Prices were also up for September.  The median sales price rose by 13.2% (it was up by 10.1% in August). The average sales price was up by 23.0% (it was up by 22.3% last month).

The inventory of available homes for sale decreased by 37.4% from last year.  This represents a 2.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (September 2019 had a 3.6 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.

Florida Single Family Homes September 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 September 2020 Market Report

Florida Single Family Homes August 2020 Market Report

09.23.20 by

Florida Single Family Homes August 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 8.8% (were up by 11.3% in July). New sales under contract (new pending sales) were up by 21.5% (were up by 21.7% in July).

Prices were also up for August.  The median sales price rose by 13.2% (it was up by 10.1% in July). The average sales price was up by 22.3% (it was up by 14.9% last month).

The inventory of available homes for sale decreased by 35.5% from last year.  This represents a 2.3 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (August 2019 had a 3.6 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.

Florida Single Family Homes August 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 August 2020 Market Report

Florida Single Family Homes July 2020 Market Report

08.21.20 by

Florida Single Family Homes July 2020 Market Report

The Florida Single Family Home markets seems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 11.3% (were up by 1.3% in June). New sales under contract (new pending sales) were up by 21.7% (were up by 23.2% in June).

Prices were also up for July.  The median sales price rose by 10.1% (it was up by 4.4% in June). The average sales price was up by 14.9% (it was up by 8.8% last month).

The inventory of available homes for sale decreased by 31.8% from last year.  This represents a 2.5 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (July 2019 had a 3.8 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes July 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 July 2020 Market Report

Florida Single Family Homes June 2020 Market Report

07.22.20 by

Florida Single Family Homes June 2020 Market Report

The Florida Single Family Home markets eems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 1.3% (were down by 36.2% in April). New sales under contract (new pending sales) were up by 23.2% (were up by 2.3% in May).

Prices were were also up for June.  The median sales price rose by 4.4% (it was up by 1.5% in May). The average sales price was up by 8.8% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 27.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (June 2019 had a 3.9 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes June 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 June 2020 Market Report

Florida Single Family Homes May 2020 Market Report

06.23.20 by

Florida Single Family Homes May 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year, but pending sales saw a slight rise. Closed sales were down by 36.2% (were down by 20.7% in April). New sales under contract (new pending sales) were up by 2.3% (were down by 35.1% in April).

Prices were mixed for April.  The median sales price rose by 1.5% (it was up by 6.0% in April). The average sales price was down by 0.3% (it was up by 3.0% last month).

The inventory of available homes for sale decreased by 18.3% from last year.  This represents a 3.3 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (May 2019 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 May 2020 Market Report

Florida Single Family Homes April 2020 Market Report

05.21.20 by

Florida Single Family Homes April 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 20.7% (were up by 6.4% in March). New sales under contract (new pending sales) were down by 35.1% (were down by 22.6% in February).

Prices, however, were up for April.  The median sales price rose by 6.0% (it was up by 7.4% in March). The average sales price was up by 3.0% (it was up by 8.9% last month).

The inventory of available homes for sale decreased by 26.5% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (April 2019 had a 4.1 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Download the full report
Recent Florida Market Report Posts:

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 April 2020 Market Report

Florida Single Family Homes March 2020 Market Report

04.23.20 by

Florida Single Family Homes March 2020 Market Report

The Florida Single Family Home sales had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 6.4% (were up by 9.1% in February). New sales under contract (new pending sales) were down by 22.6% (were up by 12.5% in February).

Prices were up for March.  The median sales price rose by 7.4% (it was up by 8.0% in February). The average sales price was up by 8.9% (it was up by 7.9% last month).

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes March 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 March 2020 Market Report

Florida Single Family Homes February 2020 Market Report

03.23.20 by

Florida Single Family Homes February 2020 Market Report

The Florida Single Family Home sales continued with strong activity into February.  Closed sales were up by 9.1% (were up by 17.9% in December). New sales under contract (new pending sales) were up by 12.5% (were up by 12.4% in January).

Prices were also up for February .  The median sales price rose by 8.0% (it was up by 5.9% in January). The average sales price was up by 7.9% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 19.1% from last year.  This represents a 3.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Previous Florida real estate market report posts.

Florida Single Family Homes February 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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 2020 Market Report

Florida Single Family Homes January 2020 Market Report

03.02.20 by

Florida Single Family Homes January 2020 Market Report

The Florida Single Family Home sales had a strong start to 2020.  Closed sales were up by 17.9% (were up by 23.8% in December). New sales under contract (new pending sales) were up by 12.4% (were up by 11.9% in December).

Prices were also up for January.  The median sales price rose by 5.9% (it was up by 6.0% in December). The average sales price was up by 6.3% (it was up by 6.9% last month).

The inventory of available homes for sale decreased by 16.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes January 2020 Market Report
Click on this image to view or download the full report

Recent market reports:

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 January 2020 Market Report

Florida Single Family Homes December 2019 Market Report

01.23.20 by

Florida Single Family Homes December 2019 Market Report

The Florida Single Family Home sales had a very strong end to 2019.  Closed sales were up by 23.8% (were up by 6.1 % in November). New sales under contract (new pending sales) were up by 11.9% (were up by 14.4 % in November).

Prices were also up for December.  The median sales price rose by 5.9% (it was up by 3.9 % in November). The average sales price was up by 6.9% (it was up by 13.1 % last month).

The inventory of available homes for sale decreased by 11.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December 2018 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes December 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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 2019 Market Report