This isn’t a housing crash — but it is a reset. For the first time in years, buyers are regaining negotiating power while sellers face longer timelines and more competition.
Key July 2025 Housing Trends in Florida
Here’s what the numbers reveal:
- Closed sales: Down 2.8% for single-family homes, down 11.8% for condos/townhomes.
- Pending sales: Nearly flat, down just 0.7% for single-family homes — a hint buyers are returning.
- Median prices: $410,000 for single-family homes, $295,000 for condos/townhouses.
- Inventory: Supply of single-family homes at 5.4 months; condo/townhouse supply surged to 9.6 months — a clear buyer’s market.
What’s Driving Prices Down?
Several forces are putting pressure on Florida’s housing market:
- High mortgage rates (hovering near 6.5%) keep many buyers cautious.
- Rising inventory gives buyers more choices and negotiating power.
- Affordability concerns push would-be buyers to condos or out of the market.
- Economic uncertainty and stock market volatility have added hesitation.
What This Means for Buyers
Now is one of the best times in years to buy in Florida. Here’s why:
✅ More negotiating power — Sellers are more open to concessions.
✅ Less pressure — Homes are sitting longer, giving buyers time to decide.
✅ Condo deals — Prices for condos/townhouses are dropping faster than single-family homes.
✅ Lower monthly costs ahead — With mortgage rates dipping from 2025 highs, refinancing opportunities could improve affordability.
What This Means for Sellers
If you’re selling, it’s time to adjust expectations:
- Price competitively — Overpricing could push buyers away.
- Make smart upgrades — Kitchens, baths, and curb appeal matter more in a cooler market.
- Be patient — Homes may take longer to sell, even in desirable areas.
Why This Correction Is Healthy
After years of unsustainable growth, Florida’s housing market is finding balance. This correction helps stabilize affordability and creates opportunities for long-term buyers and investors.
Real estate remains hyper-local: what’s happening in Miami may not reflect conditions in Tampa or the Treasure Coast. That’s why working with trusted real estate and mortgage professionals is essential.
How Lendworth USA Helps You Navigate This Market
At Lendworth USA, we help buyers and investors take advantage of today’s shifting market with:
- FHA, USDA, and VA loans for U.S. buyers
- Foreign national mortgages for Canadians and international buyers
- Equity-based lending for investors and entrepreneurs
- Refinancing solutions to lock in savings as rates trend lower
📞 Contact Lendworth USA today to get pre-approved and explore opportunities in Florida’s evolving housing market. With prices cooling and inventory rising, this could be the perfect moment to secure your home in the Sunshine State.