Florida Realtors have released Single Family Stats for March 2023.
Year over year for March 2023 continues the trend we have been seeing so far this year. Closed sales remain down as well as new listings coming on the market. We have been waiting for more new listings however the big influx we were all anticipating would happen this year still has not happened. During the month of March single family new listings remained down just over 24%. That lack of inventory in conjunction with higher interest rates have all effected the number of closed sales. You can read the FULL REPORT for more stats and breakdown of the numbers.
If you have questions about the Florida Keys real estate market or would like to discuss buying or selling a home in the keys, call us today 305.394.4449.