2025 FORECAST FLORIDA

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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