April 15, 2025
Florida Housing Market Trends: July 2024 Update
In July 2024, Florida's housing market experienced a slight dip in home prices, with a modest 0.2% decrease. Despite a 3.3% increase in inventory, buyers still faced a competitive market due to high demand and rising interest rates. This dynamic has kept the average time for homes on the market steady at 55 days. The state's market remains vibrant, yet challenging, reflecting broader national trends.
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