Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Zorro

(17,096 posts)
Sun Mar 2, 2025, 01:05 PM Mar 2

Florida housing market sees new high with 172,000 homes listed for sale

It’s the highest number of any month in records dating to 2012 and up 22.7% from a year earlier.

Florida recently saw the highest number of homes listed for sale in the past 13 years, with more than 172,000 homes available on the market, a new analysis shows.

January ended with 172,209 homes for sale, the highest number of any month in records dating to 2012, according to real estate brokerage firm Redfin. That’s up 22.7% from a year earlier.

Redfin said the contributing factors may be:

— Condo owners are facing higher costs due to new safety regulations in Florida.

— More homes are being built in Florida than in many other states.

— Homeowners are selling property because they can’t keep up with insurance costs.

Inventory is a measure of the number of homes for sale on the last day of the month, said Redfin spokeswoman Angela Cherry.

“With so many options for buyers to choose from, a lot of homes for sale are sitting on the market for months at a time, causing stale inventory to pile up,” Redfin said in a report Thursday. “Listings are also piling up because homebuyer demand has been cooling; pending home sales in Florida fell 9.3% year over year in January.”

https://www.tampabay.com/news/florida/2025/03/02/florida-home-sales-real-estate/

Looks like people might be cooling on the thought of moving to the Free State of Florida.
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

dutch777

(4,151 posts)
1. Oh, and DeSantis is an embarrassment as a Governor. Insurance is a huge issue for sure and will get worse not better
Sun Mar 2, 2025, 01:17 PM
Mar 2

underpants

(189,600 posts)
2. Some of this could be selling off investment property
Sun Mar 2, 2025, 01:17 PM
Mar 2

Houses in Florida aren’t parts of divorce settlements. I’d suspect there are many people who basically put their money into them to protect themselves. Just a guess.

Lonestarblue

(12,480 posts)
3. Two people in my community have second homes in Florida . Both have decided to sell and leave.
Sun Mar 2, 2025, 01:23 PM
Mar 2

Small sample, but may be starting a trend.

ck4829

(36,870 posts)
4. And yet... 'We need...open season on the homeless:' Florida deputy under fire for social media comment
Sun Mar 2, 2025, 01:30 PM
Mar 2

JACKSONVILLE, Fla. – The St. Johns County Sheriff’s Office is deciding if disciplinary actions will be implemented against one of its deputies following a public comment on a social media site, according to a report by our sister station News4JAX in Jacksonville.

This comes after that employee, Cpl. Gregory Suchy, posted a comment underneath an Instagram video that shows what appears to be a man who is homeless throwing a rock at a vehicle. The comment read: “We need like a 3 day open season on the homeless. No bag limit.”

https://www.clickorlando.com/news/florida/2025/02/28/we-needopen-season-on-the-homeless-florida-deputy-under-fire-for-social-media-comment/

Latest Discussions»Region Forums»Florida»Florida housing market se...