Florida Homes Linger Longer as Price Reductions Grow | Brought to you by The Cantrell Team

Slide 1:
Nearly half of Florida homes now show price cuts, with sellers trimming about 4% this fall.

Slide 2:
Homes are sitting longer—median 98 days on market, far slower than the 70-day U.S. average.

Slide 3:
Florida holds 97,525 active listings with a median price of $484K, and new listings averaging $449K.

Slide 4:
Even with slower sales, Florida homes still average $252 per sq. ft., above the national $215.

Slide 5:
About 28,000 homes are under contract, closing in 33 days when pricing hits the sweet spot.