Shocking News- Biggest Housing Market Drops in Florida - what to expect in 2025
BREAKING: Biggest Florida Housing Market Drops!These are 5 housing markets where home prices FELL the most in 2024, according to the Freddie Mac House Price Index
1. Punta Gorda, FL -> -8.6%
2. Cape Coral-Fort Myers, FL -> -7.6%
3. North Port-Sarasota, FL -> -4.7%
4. Homosassa Springs, FL -> -3.3%
5. Sebastian-Vero Beach, FL -> -3.2%
Why is this important? As we move into 2025, inventory will grow as expected seasonally. This will create downward pressure on home sellers to adjust the prices. Along with this is a new construction housing inventory with builder incentives that draw the eyes and wallets of home buyers.
Bill Bambrick is a realtor in the North Port Florida area. Bill Bambrick serves North Port, Venice, Englewood, Port Charlotte, and Sarasota those wishing to downsize, sell, buy, or relocate. I focus on helping older adults or those needed a dedicated agent when I can provide that added value for your needs. bambricksellsflorida.comCategories
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