Homes for Sale in Florida Breaking Records

March 1, 2025 — It looks like the messages of doom for Florida real estate might actually be beginning to have some the real estate firm Redfin. The number of homes for sale in Florida hit 172,209 at the end of January (up 22.7%). This is the highest number since 2012.

Experts cite several reasons for the surge in homes available for purchase:

Soaring insurance rates due to unprecedented casualty losses

Higher condo fees as new regulations affect reserve requirements and building inspections

Fear of more extreme weather events

Large numbers of new homes being constructed in the Sunshine State

Redfin said in a report: “Listings are also piling up because homebuyer demand has been cooling; pending home sales in Florida fell 9.3% year over year in January.” Homes are also sitting longer on the market. Last year in Broward County the average listing was on the market for 65 days, now it is 91. While prices might be holding up in the short term, those kinds of numbers do not bode well for home sellers in the long term. Buyers of homes will have more choices.

Comments: Do you agree the Florida market is oversold right now? If you live there, are you contemplating selling and moving? Let us know in the Comments section below.