Florida housing market cools as prices dip, inventory rises

Florida's housing market is cooling, with median home prices down 1.3% year over year and sales falling 8.7%. Inventory rose 7.5%, giving buyers more options and pressuring sellers to lower prices. Several metros, including Cape Coral-Fort Myers and West Palm Beach, show notable price declines and longer selling times. Experts expect this rebalancing to continue into 2026, offering buyers better negotiation opportunities.