Florida’s condo and townhome market continues to gain momentum!
According to Florida RealtorsĀ®, closed condo and townhome sales increased by 6.6% in May compared to last year, while new pending sales jumped 9%āa strong indicator that buyer demand remains active across the state.
š Market Highlights:
ā
Closed Sales Up 6.6%
ā
Pending Sales Up 9%
ā
Median Price: $306,990
ā
Inventory Down 13.4%
ā
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.
š Thinking about buying, selling, or investing?
Contact me today for a personalized market consultation.
š” SF Real Estate.US
š¤ Jorge Velasquez | Real Estate Broker
š 786-443-1449
š§ Hello@sfrealestate.us
š www.SFRealEstate.us
Let’s find the right opportunity for you in South Florida!