The Florida Housing Market has looked much different than the national average. This is great news for Florida home owners who were worried about a recession depleting the value of their home. According to Redfin.com 37,000 more people were searching to move to Florida versus people searching to move out. That’s the highest difference in any state. Compare that to California in which more than 53,000 people searched to move out of the state than to move into California.
In today’s article I want to compare the Florida housing market data with the National average so you can see the difference. We’ll be comparing year over year data to keep some form on consistency.
Florida Market
National Market
Median Sales Price
13% Increase
Median Sales Price
14% Increase
Active Listings
13.8% Increase
Active Listings
48.5% Increase
New Listings
20.7% Decrease
New Listings
16.8% Decrease
Days on Market
12% Increase
Days on Market
14% Increase
Homes with Price Drops
32.4%
Homes with Price Drops
15.7%
Homes Sold Above List Price
15.7%%
Homes Sold Above List Price
28.9%%
The Florida Housing Market and National Housing Market data sourced from realtor.com and redfin.com
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