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In a stark contrast, Collier County experienced a robust market with a 20% increase in closed sales and price increases of nearly 12%. However, the area still faces pressures on inventory, showing the variable nature of regional markets across Southwest Florida.
Conclusion
January 2025's housing market report illustrates the complexities and contrasts within Florida’s real estate landscape, particularly in Southwest Florida where the influx of inventory and the resultant shifts in buyer power have led to significant declining prices and overwhelming supply. As sellers grapple with newfound realities, buyers are finding themselves in favorable positions – creating a market that is a profound departure from the frenzied landscape of the recent past.