Florida Housing Market Sees Increased Sales, Inventory Rising, Prices Easing in October

Florida Housing Market Update – October Trends

In October 2025, the Florida housing market demonstrated notable resilience, as reported by Florida Realtors. The region witnessed a significant increase in closed sales, alongside a rise in inventory levels and a slight easing of median home prices—signs pointing to a stabilizing market.

Tim Weisheyer, president of Florida Realtors, emphasized, "Throughout 2025, I have been voicing expectations for ongoing growth and improvements in Florida's real estate market. This October, we saw more closed sales and a greater number of active listings compared to the previous year." This trend is further reflected in the sold properties, where closed sales of single-family homes reached 21,191, marking a remarkable 13.8% increase year-over-year. Similarly, sales for condo-townhouses rose by 11.1% to 7,223 transactions.

The easing of median prices is regarded as a positive development, making homebuying more accessible for many Floridians. The statewide median sales price for single-family homes was recorded at $411,105, a modest decline of 0.9% from October 2024. Condo-townhouse units saw an even steeper median price drop of 4.8%, settling at $300,000. These midpoints indicate that half the homes sold for more and half sold for less, thus providing a clearer picture of market dynamics.

Dr. Brad O'Connor, the chief economist at Florida Realtors, pointed out that while the market trends appear encouraging, year-over-year comparisons must consider external factors, such as Hurricanes Helene and Milton, which impacted the market dynamics in late 2024. This