Florida Housing Market Crash 2024

Florida Housing Market Crash 2024. We don’t see a housing market crash in the sunshine state in the foreseeable future. In june, 21% of home purchase agreements fell through in orlando, jacksonville, and tampa, redfin found.

However, now that this period has passed, some southwest and southeast markets are starting to post price declines. Redfin data shows 30.7% of florida sellers made a price drop in june 2024, up 4.5 points from last year.