Florida’s housing market in 2025 showed signs of stabilization, with single-family home sales increasing and both inventory and prices finding steadier ground. According to Florida Realtors Chief Economist Dr. Brad O’Connor, “While 2025 started much like 2024 and 2023, with sales falling and inventories rising, things changed midway through the year. Along with a continued slowdown in growth in homeowner insurance premiums, mortgage rates fell by more than half a percentage point in the waning months of the year, and as a result, sales really responded here in the Sunshine State.”
Florida Realtors President Chuck Bonfiglio described the market’s performance as positive for consumers. “2025 brought Florida a stronger, more sustainable housing market – and that’s a win for consumers,” said Bonfiglio, who is also broker-owner of AAA Realty Group in Plantation. “Buyers have more homes to choose from, sellers are seeing steady demand, and prices are reaching a healthier range. Now and throughout the year, working with a Realtor across Florida offers the local insight and guidance that can help you turn today’s market into a real opportunity for your future.”
Statewide closed sales of existing single-family homes reached 255,012 at year-end—a 0.9% increase over 2024—based on data from Florida Realtors’ research department in partnership with local Realtor boards and associations. In contrast, statewide condo-townhouse unit sales totaled 88,793 for 2025—a decline of 5.9% compared to the previous year.
O’Connor noted that higher pending sales of single-family homes contributed to increased closed transactions by year-end. New pending single-family home sales rose by 1.9% compared to late 2024; however, new pending condo-townhouse property sales were down by 4.6%. He explained: “December marked the fifth straight month where new pending sales of single-family homes increased on a year-over-year basis, with 5.4% more homes going under contract than in the same month the previous year… That’s easily the longest streak we’ve seen since the 11-month streak that began in February of 2021… Predictably, this led to a multi-month streak of positive growth for closed sales of single-family homes.”
In recent years condo-townhouse category declines have been steeper due to safety regulations introduced since 2022: “While these regulations improve the safety of condo buildings… they do come at a cost,” O’Connor said.
Despite early declines in condos/townhouses during most of 2025, there was an end-of-year rebound: “And as was the case for single-family homes, closed sales of condos and townhouses ended the year with a four-month positive growth streak that culminated in December… up by 10.4% compared to… December [of] last year,” he said. Still,“this late-year growth… wasn’t enough to compensate for… declines earlier…in terms of end-of-year transactions.”
The median statewide price for existing single-family homes at year’s end was $413,990—down by about 1.4%. Condo-townhouse properties had a median price at $310,000—down nearly five percent from last year.
By December’s close—and throughout Q4—the supply stood at about four-and-a-half months for active listings among single-family homes; condo-townhouses saw an eight-point-eight month supply.
December figures showed statewide closed single-family home sales reached just over twenty-two thousand (up nearly six percent from December last year), while existing condo-townhouse units sold totaled almost eight thousand (up ten percent). The median price remained unchanged at $415K for houses but dropped slightly (about one-and-a-half percent) to $310K for condos/townhomes.
During Q4 alone there were roughly sixty-one thousand closed deals on existing houses (a jump near eight percent over Q4 last year), while twenty-one thousand two hundred thirty-three condos/townhouses sold (almost eight percent higher than Q4 prior). Median quarterly prices were largely flat or modestly lower versus prior periods.
Looking back on annual dollar volume: O’Connor reported,“Nominally,…[single family] is [at] third-highest total…since our data series [began]…” but added inflation reduced real gains slightly.“And that still puts [the dollar volume] very much on par with …three…[of] previous five years.” For condos/townhouses,“that dollar volume…at $40.6 billion,…was down by 8½ percent…[and] down by 10½ percent with inflation factored in,” he said.
Florida Realtors operates across all regions through its network representing members via fifty-one local/regional associations or boards [source]. The organization has over two hundred thirty-eight thousand members [source] supporting homeownership initiatives and influencing public policy related to real estate [source]. It provides educational resources—including legal support—and promotes ethical practices within Florida’s real estate sector [source].
