Florida’s condo and townhome market continues to gain momentum!
According to Florida Realtorsยฎ, closed condo and townhome sales increased by 6.6% in May compared to last year, while new pending sales jumped 9%โa strong indicator that buyer demand remains active across the state.
๐ Market Highlights:
โ
Closed Sales Up 6.6%
โ
Pending Sales Up 9%
โ
Median Price: $306,990
โ
Inventory Down 13.4%
โ
More Opportunities for Buyers & Sellers to Negotiate
The data suggests Florida’s condo market remains healthy, with increased sales activity and improving inventory levels creating opportunities for both buyers and investors.
Whether you’re looking for a waterfront condo, investment property, vacation home, or primary residence, now may be the perfect time to explore your options in South Florida.
๐ Thinking about buying, selling, or investing?
Contact me today for a personalized market consultation.
๐ก SF Real Estate.US
๐ค Jorge Velasquez | Real Estate Broker
๐ 786-443-1449
๐ง Hello@sfrealestate.us
๐ www.SFRealEstate.us
Let’s find the right opportunity for you in South Florida!