Slide 1
Florida housing market surges in late summer as falling mortgage rates spark buyer excitement.
Slide 2
Single-family pending sales jumped 9.9% year-over-year, highest growth since early 2021.
Slide 3
Closed sales ↓: single-family homes -3.9%, condos/townhouses -6.0% YoY; median prices softened slightly.
Slide 4:
Median prices slightly softened: $410K for homes, $290K for condos/townhouses.
Slide 5:
Inventory stabilizes: 5.3 months for homes, 9.3 months for condos, supporting sustainable market balance.
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