Florida’s housing market began 2025 with 15,384 closed sales of single-family homes statewide, up 3.6% from the January 2024 level, according to data from Florida Realtors. The statewide total of 5,787 existing condo-townhouse sales was down 3.7% year-over-year.
During January, the statewide median sales price for single-family existing homes was $410,000, up 1.2% from one year earlier, while for condo-townhouse units it was $312,500, down 2.3% compared to January 2024.
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. The supply of single-family existing homes was at a 5.1-months’ supply while existing condo-townhouse properties were at a 9.1-months’ supply last month.
“The arrival of a new year usual brings with it a revival in the rate of homes being listed for sale, and that was certainly the case this January.,” said Florida Realtors Chief Economist Dr. Brad O’Connor. “Over 35,500 single-family homes were listed for sale in Florida in January, which is the most we’ve seen in any month since July 2022. The closest we got last year was in April, when we had roughly 34,300 new listings.”
