Florida's apartment inventory breaks a record in February in February

According to a new analysis, the number of houses in Florida for sale rose to record levels in February Realor.comA national real estate marketing company.

Last month, 168,717 single -family houses were for sale in Florida, The Realtor.com report said. Most houses are for sale in the Sunshine State in a single month.

The last time that a month in July 2016 came, the home event in Florida was also a 40% jump in February in July 2016 compared to the previous year.

“For the sales house supply, the state has risen annually since May 2022, but has only exceeded the pre-pandemy level since mid-2024,” said Realor.com Senior Economic Research Analyst Hannah Jones. “High real estate prices and mortgage interests have deleted the demand in the state, which has led to a structure in the home stock.”

In January, Realor.com said analysts that this month initially reached an inventory record for Florida with 157,221 houses on the state in the state. February it put it in the shade by 7.3%.

Some U -Bahn areas in Florida finally begin to the market of a buyer in contrast to the seller market, which has taken almost half a decade.

Two markets on the Golf coast in Florida win for dynamics for buyers because the prices in Bradenton and Sarasota go down.

“Home buyers in Bradenton and Sarasota are spoiled with climbing inventory, falling prices and longer times on the market,” said Jones. “Buyers will probably find more flexibility of the sellers, since homeowners want to attract the attention of buyers.”

The typical house for sale in Bradenton cost around 432,000 US dollars in January, a decrease of around 100,000 US dollars compared to the previous year.

In January, Sarasota recorded a similar decline in property prices for around 575,000 US dollars for the average house. This is a decrease of $ 150,000 compared to the previous year.

Both Sarasota and Bradenton recorded the average number of days on the market for houses for sale with 67 days each. This number is a few days in both markets.

Other areas of Florida show signs of slow -moving trends on the real estate market.

The Elliman reportThe monthly turnover with the sales of Home Closed showed that two counties in Südflorida achieved an abdominal game for single -family houses in January. Both the counties Miami-Dade and Broward saw a severe decline in the houses sold in January in January. In each of these counties, more than 45% were dropped in the previous year in the previous year compared to the previous year.

Palm Beach County showed an increase in sales of homes for January by 41.1%.

The trend was similar in the northern end of the state. Single -family housing sales took a fall in January in the northeast of Florida.

In January 1,114 houses in the Six County region were sold on the first coast. That is over 39% December 1,826 closed signs. It is also a decline of 2.6% compared to the previous year in January 2024, when 1,144 houses were sold in Northeast Florida, so Pay Published by the Northeast Florida Association of Realtors (Realors (Nefar).

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