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RE: LeoThread 2025-02-25 17:17

in LeoFinance2 days ago

Part 1/7:

January 2025 Florida Housing Market Report: A Mix of Trends

The Florida housing market in January 2025 presents a nuanced and challenging landscape, particularly in Southwest Florida, where the ramifications of increased inventory and shifting demand are starkly evident.

Statewide Overview

Across Florida, January has yielded a mixed bag of results. In the realm of single-family homes, closed sales have increased, with the median sales price seeing a modest rise of 1.2%. Interestingly, the average sales price ascended slightly by 5%. Despite these positive indicators, the market registered a 5% decline in pending sales and an 11% decrease in total pending inventory compared to last year.