When Will Real Estate Prices Drop In Florida? Best Time to Buy

With Florida’s beautiful weather, appealing tax policies, and unmatched lifestyle, it's no surprise that Florida has become one of the hottest real estate markets in the country. Over the last few years, home prices in Florida have been on a steady upward climb, making many wonder: Is Florida real estate prices dropping soon, and is there an ideal time to buy? While Florida remains highly desirable, potential buyers are eager to find the right moment to make a move, especially as economic pressures influence market conditions. 

Navigating the market with an experienced real estate agent can make all the difference in finding the best opportunities.

Let’s dive into what’s driving…

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Central Florida Real Estate Recap of November 2024

The Orlando Real Estate Market is considered 'Balanced' for the first time since 2011. 

State of the Market

  • The supply of homes in Central Florida rose to 6.43 months in November, up from 5.45 months in October. A balanced market is six months of supply.
    • February 2011 was the last time there was a six-month supply of homes.
  • Inventory for November was recorded at 11,604, up 2.2% from October when inventory was recorded at 11,357.
  • November’s interest rate was recorded at 6.7%, up from 6.4% in October.
  • The median home price for November was recorded at $380,000, down from $388,990 in October.
  • Homes spent an average of 67 days on the market…

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Florida Housing Market Predictions for 2025 from Expert Agents

Florida Housing Market Predictions for 2025 from Expert Agents

The Florida housing market has been a hub of opportunity and growth, attracting homebuyers, investors, and families seeking a vibrant and dynamic place to live. With 2025 just around the corner, expert predictions shed light on what buyers and sellers can expect in Florida’s real estate landscape. Rising demand from new residents, shifts in mortgage rates, and regional growth make 2025 a pivotal year for Florida’s housing market. 

This overview, based on insights from experienced agents, highlights key factors that will shape Florida’s housing market in 2025.

The Future of Home Prices: Florida Housing Market Predictions 2025

Home prices in Florida are expected to show…

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