South Florida Housing Market 2024

South Florida Housing Market 2024. The median price of homes for sale this july remained stable compared with last year, at $439,950, however, the median price per square foot grew by 3.1%, indicating that the inventory of smaller. 3,712 (2023) | 3,785 (2024)

Home sales are up 5.6% year over year, with april 2024 at 7,448 compared to 7,056 last april. This increase highlights south florida’s ability to buck national trends due to its robust migration, job market, and significant percentage of cash buyers.