In a noteworthy update from the real estate market, the statewide median sales price for single-family existing homes has remained stable at $415,000. This figure indicates a consistent valuation compared to the previous year, reflecting a cooling trend in the price escalation witnessed in recent times. This stability could suggest a balancing act in the housing market, as buyers and sellers adjust their expectations amid evolving economic conditions and interest rate environments.
In contrast to the stable single-family home market, sales for condo and townhome properties have experienced a significant decline, dropping by 5.9%. Despite this decrease, sales of single-family homes show a slight increase of 0.9%, highlighting a shift in buyer preferences toward larger, more spacious living conditions. This divergence between the two segments of the market underscores changing consumer demands in the housing landscape.
– **Median Sales Price**: Single-family homes remain at $415,000, unchanged year-over-year.
– **Single-Family Sales Growth**: A slight increase of 0.9% in sales reflects continued demand for single-family properties.
– **Condo-Townhome Sales Decline**: A notable decrease of 5.9% in condo and townhome sales indicates a shift in buyer preferences.
You can read this full article at: https://wrenews.com/florida-single-family-home-sales-up-0-9-in-2025-while-condo-townhome-sales-drop-5-9/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
