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FLORIDA - A new report reveals fluctuations in Florida’s housing market, with median sales prices for single-family homes dropping across the state from January to February 2025.
According to a monthly analysis released by Florida Realtors, the statewide median sales price for single-family homes rose slightly to $415,000 in February, up from $410,000 the previous month.
The report analyzes 22 metropolitan regions, shedding light on which areas saw gains, losses, or remained steady.
Topping the list as Florida’s most expensive metro area for homebuyers was Naples-Immokalee-Marco Island, where the median sales price reached $925,000.
Despite its high price tag, the area remains a popular destination for affluent buyers, especially retirees and second-home owners drawn to its coastal charm and luxury lifestyle.
South Florida, including Miami, Fort Lauderdale, and West Palm Beach, posted the second-highest median home price at $640,000, down $10,000 from January’s figures.
This slight dip may reflect early signs of a cooling market in one of the state’s most competitive real estate regions.
On the more affordable end of the spectrum, Sebring recorded the lowest median home price at $279,475, making it one of the few markets where first-time homebuyers or investors might still find entry-level opportunities.
Other major metro areas include North Port-Sarasota-Bradenton ($483,688), Orlando-Kissimmee-Sanford ($440,000), and Tampa-St. Petersburg-Clearwater ($399,990).
Meanwhile, Jacksonville, Gainesville, and Pensacola all came in below the statewide median, offering more moderate pricing compared to coastal hotspots.
This February snapshot highlights Florida’s diverse housing market, where prices can range by more than $600,000 depending on the region.
As 2025 progresses, market watchers will be keeping a close eye on affordability, inventory levels, and interest rate impacts across the state.