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Florida Real Estate Market Forecast 2024, 2025, 2030

Residential Rajkumar Ramkerath October 18, 2024

Florida's real estate market is strong, with inventory increasing and median sales prices slightly above. Demand for single-family homes exceeds supply. Home prices are expected to increase 2.1% in 2024 and approximately 10% in 2025, driven by job opportunities and a strong economy. Buyers should be wary of good mortgage rates and economic ups and downs. Significant growth is expected through 2030 despite challenges like natural disasters and rising insurance costs.

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