Florida Housing Market Recovery Gains Momentum With Jump in Pending Sales

Florida's housing market showed strong growth in August 2025, with new pending sales rising 9.9% for single-family homes and 4.9% for condos/townhouses, driven by falling mortgage rates. Closed sales declined slightly, but pending sales suggest future increases. Median prices dipped modestly, while inventory remains stable, indicating a balanced market and renewed buyer confidence.

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