Florida Home Sales & Prices Go Up

Despite higher interest rates, home sales and prices in Florida are going up, especially in areas with ocean views. For example, sales of Pompano Beach condos near the ocean (zip code 33062) in August increased by an average of almost $200,000 from August 2025, from $638,875 to $836,358. The total number of closed sales also increased from 40 to 43 condos/townhomes. A significant reduction in Florida homes for sale is also contributing to higher prices, as statewide Florida housing inventory fell by double digits in August.

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