Florida housing market slows as homes take 98 days to sell

[ad_1] Florida’s single-family housing market revealed a putting disconnect in early November 2025, with houses taking a median 98 days to promote, 21 days longer than the nationwide median of 77 days, at the same time as market situations shifted decisively in favor of consumers.

The state’s housing stock reached 97,224 energetic listings for the week ending Nov. 1, with 43.9% of sellers slicing costs to draw consumers. Regardless of these concessions, Florida houses lingered in the marketplace considerably longer than properties elsewhere within the nation, suggesting consumers are exercising newfound negotiating energy or dealing with affordability challenges at greater worth factors.

Stock builds as purchaser situations strengthen

Florida’s months of provide climbed to three.6, exceeding the nationwide stage of two.9 months and pushing the market into buyer-favorable territory. The state recorded 4,427 new listings throughout the week whereas 6,808 houses have been absorbed from the market.

The median days on market stretched to 98 days, effectively above the 77-day nationwide median. This prolonged promoting timeline continued regardless of aggressive worth reductions, with 43.9% of energetic listings taking cuts, a charge that sometimes indicators sellers competing for restricted purchaser consideration.

Main metros present extensive market variations

Florida’s main cities displayed important variations in market dynamics. Naples led in median costs at $997,800 with houses sitting 140 days, whereas Jacksonville provided probably the most reasonably priced choice at $312,574 with a 77-day median.

Miami’s luxurious market commanded $798,000 median costs with 91-day promoting occasions. Orlando and Tampa confirmed related patterns, each close to $510,000 with 77-day medians. Fort Lauderdale’s $839,000 median worth got here with 112 days on market, whereas West Palm Seashore properties at $725,000 took 105 days to promote.

Worth-cut charges different dramatically throughout metros. Tampa sellers led with 54.9% decreasing costs, adopted by Orlando at 48.7% and Pensacola at 48.6%. Naples confirmed probably the most resilience with solely 33% slicing costs, regardless of having the longest promoting occasions.

Provide ranges sign shifting energy dynamics

Months of stock ranged from Orlando’s tight 2.7 months to Sarasota’s 5.5 months. Kissimmee reached 5.1 months whereas Cape Coral hit 4.6 months, each firmly in buyer-favorable territory. Jacksonville maintained 2.7 months regardless of having the state’s largest metropolis stock at 3,082 energetic listings.

Market situations different from Orlando’s impartial territory to robust purchaser markets in Kissimmee and Sarasota. Cape Coral, Fort Myers, and Naples all confirmed buyer-favorable situations, whereas Jacksonville, Tampa, and Orlando remained nearer to steadiness.

Worth dynamics reveal market stress

Florida’s median listing worth held at $480,000, sustaining a $45,000 premium over the nationwide median of $435,000. The worth per sq. foot reached $249.4, in comparison with $213.1 nationally, representing a 17% premium for Florida properties.

Whereas 43.9% of listings noticed worth decreases, solely 2.2% elevated their asking costs throughout the week. Moreover, 7.3% of properties have been relisted after beforehand being faraway from the market, indicating some sellers are regrouping their methods slightly than accepting present market phrases.

What to look at in Florida’s shifting market

The 98-day median promoting time and three.6 months of provide sign clear purchaser benefits in negotiating energy. The 43.9% price-cut charge gives a benchmark for market softness, whereas the $480,000 median worth level stays a key threshold for affordability concerns.

Observe the 98-day median days on market as a number one indicator of market velocity. Monitor the 43.9% price-cut charge for indicators of vendor urgency. Use the three.6 months provide metric to gauge whether or not purchaser situations strengthen additional. Share these benchmarks with purchasers navigating Florida’s evolving market dynamics.

HousingWire used HW Knowledge to supply this story. To see what’s occurring in your personal native market, generate a housing market report. For enterprise purchasers seeking to license the identical market knowledge at a bigger scale, go to HW Knowledge.