Florida’s Strong Gains in 2021 Despite Continuing Pandemic

Miami, Tampa, Orlando

2022/01/28

The statewide median sales price for single-family existing homes at year's end ↑ 20% YoY to $348K.Existing single-family new pending sales ↑ 5.7% YoY at the end of 2021, while single-family new listings ↑ 7.1% YoY.In December, in Florida, condo-townhouse sales ↑ 34% YoY to 160,177 units statewide, with a median price of $252K, ↑ 17.2%. At the end-2021, condo-townhouse pending sales ↑ 29.2% YoY, while their new listings ↑ 5.5% YoY.Statewide, cash sales accounted for 53.2% of single-family existing homes and 50.2% of condo-townhouses at the end-2021.The statewide median sales prices for both existing single-family homes and condo-townhouse properties ↑ YoY in December.