2025 FORECAST FLORIDA
Published | Posted by Carolina Bustillos P.A.
Florida's real estate market in 2025 is expected to be stable with modest price increases, especially in high-demand areas. However, some cities may experience steep price declines.
Price increases
- Miami-Dade: The Miami Association of REALTORS® predicts a 6.5% increase in home prices.
- Florida: Goldman Sachs projects a 3.6% increase in median home prices.
- South Florida: Home prices are expected to continue to rise due to strong demand and tight inventory.
Price declines
- Tampa, St. Petersburg, Sarasota, Punta Gorda, and Naples: Home values could drop by as much as 10 percent.
Other market trends
- More homes on the market in 2025 may create better opportunities for buyers.
- Falling mortgage rates could also ease the cost of buying a home.
- The state's homeowners insurance market remains in shambles.
- Rising home insurance costs are making it more challenging for some buyers to afford a home.
Advice
- Understand local trends.
- Shop around and not rush into a purchase unless you come across a great deal.
- Other experts suggest waiting as market prices are expected to stabilize in 2026.
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