Where Florida Home Prices Are Declining Fastest

Where Florida Home Prices Are Declining Fastest

Florida Home for Sale — Courtesy: Shutterstock — Andy Dean Photography As inventory rises and buyers are suppressed by record high mortgage rates, rising homeowners association (HOA) dues, and rising house insurance prices, the Sunshine State is seeing some of the biggest price declines in the nation. According to the most recent data given by Florida Realtors, the median transaction price of a typical single-family home in Florida was $415,000 …

Florida condo prices plunge in multiple cities

Florida condo prices have plummeted since July 2024, as rising HOA fees and high insurance premiums hit the oversupplied market.