Florida’s East Coast Housing Market Is Cooling—Here’s What You Need to Know
Florida’s East Coast Housing Market Is Cooling—Here’s What You Need to Know
The real estate tide is shifting along Florida’s Atlantic coast. Inventory is rising, homes are lingering longer, and prices are beginning to adjust—especially in cities like Greenacres, where median listing prices have dropped 13% year-over-year .
Key Trends:
Inventory Surge: Florida's housing market saw a record 168,717 properties listed for sale in February, a 40% increase from the same month last year .
Extended Time on Market: Homes are now spending an average of 75 days listed—13 more than a year ago.
Price Adjustments: Cities like Greenacres have experienced significant price drops, making them more favorable for buyers.
What This Means for You:
Buyers: With increased inventory and price reductions, you have more options and bargaining power.
Sellers: Be prepared for longer selling times and consider pricing strategies to stay competitive.
Whether you're looking to buy your dream home or sell your current property, understanding these market shifts is crucial. Let's navigate this changing landscape together.
