Take Advantage of Florida's Easing Real Estate Market

Florida is witnessing a notable cool down in its housing market, highlighted by an unprecedented rise in home listings for February.

Realtor.com reports a remarkable 168,717 properties entered the market recently, a figure unmatched in their records since they began in 2016.

The state experienced a 40% surge in available homes since last year. Notably, several cities have seen listings more than double compared to the previous year, with just 7 out of 252 tracked cities noting a decline.

Experts often view an increase in real estate inventory as a potential slowdown in market demand, which can give buyers more leverage than sellers. It's also considered a possible precursor for price reductions.

Though high-end transactions remain brisk in Palm Beach, other areas are seeing decreased prices, suggesting broader affordability is on the rise.

For instance, Bradenton and Sarasota's market trends could favor buyers, with more available properties and diminished asking prices stretching listing durations, according to analyst Hannah Jones from Realtor.com. This environment allows potential buyers more negotiating latitude.

The previous pandemic-driven scarcity of homes might be easing, as the current volume of homes reintroduces a semblance of balance rather than signaling an outright market collapse. Still, some unique local conditions are impacting property assessments.

In Greenacres, near West Palm Beach, the average asking price dropped to $259,950 in January 2025, showing a 13% decline from the year prior.

The market is also contending with additional pressures such as increased mortgage rates, which deter property hunters, the costly aftermath of natural events, and escalating homeowners' fees.

Highlighted here are 17 Floridian cities where property listings have markedly risen over the past year, suggesting promising opportunities for both buyers and investors.

17. The Villages

Total Listings: 594

Annual Increase: 76.5%

Median Price: $389,250

16. Oldsmar

Total Listings: 144

Annual Increase: 76.7%

Median Price: $379,450

15. Tequesta

Total Listings: 111

Annual Increase: 76.8%

Median Price: $749,000

14. Greenacres

Total Listings: 331

Annual Increase: 78.9%

Median Price: $259,950

13. Fort Myers Beach

Total Listings: 508

Annual Increase: 83.1%

Median Price: $799,999

12. St. Augustine

Total Listings: 1,596

Annual Increase: 84.2%

Median Price: $612,000

11. Tavares

Total Listings: 152

Annual Increase: 92.40%

Median Price: $359,000

10. Harmony

Total Listings: 121

Annual Increase: 100.00%

Median Price: $364,500

9. Royal Palm Beach

Total Listings: 218

Annual Increase: 100.00%

Median Price: $479,950

8. Ave Maria

Total Listings: 218

Annual Increase: 106.60%

Median Price: $474,900

7. St. Johns

Total Listings: 269

Annual Increase: 115.70%

Median Price: $575,000

6. St. James City

Total Listings: 123

Annual Increase: 115.80%

Median Price: $599,900

5. Dania Beach

Total Listings: 168

Annual Increase: 118.20%

Median Price: $409,900

4. Miami Gardens

Total Listings: 309

Annual Increase: 120.70%

Median Price: $499,999

3. Pace

Total Listings: 178

Annual Increase: 128.20%

Median Price: $349,000

2. Citrus Springs

Total Listings: 298

Annual Increase: 136.50%

Median Price: $284,990

1. St. Petersburg

Total Listings: 2,141

Annual Increase: 164.1%

Median Price: $440,000