The Florida Realtors November 2024 report on single-family sales activity in Florida shows there were 17,095 transactions, down 3.5% when compared to November 2023.
Year-to Date (YTD) numbers show that single – family sales transactions in Florida were down 3.1% eleven months into 2024 when compared to last year.
On the pricing front, the November median sales price was $410,700 down 0.6% when compared to one year ago. The YTD numbers show a median sales price of $420,000, up 2.4%.
The report shows that there were 247 November single-family sales in the Tallahassee MSA, down 8.5% when compared to last year. The median sales price was $321,025, up 1.1% from November 2023.
YTD numbers show there have been 3,303 single-family transactions in the Tallahassee MSA through November, down 3.3%. The median sales price during this period was up 2.4%, to $329,800.
From a state perspective, nine of the 22 MSA’s (Fort Walton, Gainsville, Homosassa Springs, Jacksonville, Panama City, Pensacola, Sebastian-Vero Beach, Sebring & The Villages) reported an increase in November transactions when compared to one year ago. For YTD comparisons, four MSA’s reported an increase in sales transactions. Those MSA’s were Ocala (0.8%), Punta Gorda (6.4%), Sebastian-Vero Beach (1.8%) and The Villages (1.6%).
YTD median price comparisons through November, show price decreases in five MSA’s, Cape Coral-Fort Myers (-3.6%), Fort Walton Beach-Destin (-0.2%), Lakeland-Winter Haven (-1.0%), Sarasota (-2.0%), and Punta Gorda (-2.8%).