What experts think of 2025’s trends
Real Estate Trends: Condos vs. Single-Family Homes in Florida Late 2025
Condo Market Cooling—Single-Family Homes Holding Ground
- Condo Sales Recent Decline: Florida Realtors’ mid-year report shows a steep drop in condo prices. Meanwhile, single-family sales have rebounded, pointing to a reshaping market dynamic.
- Palm Beach County Data:
- Condo sales down 14% year-over-year, with median sale prices dropping nearly 6% from $340K to $320K.
- Single-family listings rose by almost 30%, and supply remains tighter—around 5.9 months—signaling continued strength for homes.
Regional Reports Show Market Balancing
- Sarasota & Manatee Counties:
- Single-family sales slipped slightly, but median prices plunged by 8.9% to 12.3%, with longer time on market—suggesting a transition to more balanced conditions.
- Meanwhile, condo/townhome sales dropped 19%, with median prices falling 12–13%, and sales periods stretching.
Forecasts from Industry Experts
- Miami Realtors® Predict:
- Single-family sales projected to fall 8.1% in 2025 but bounce back 5.6% in 2026. Prices still expected to climb modestly—+2% by end of 2025, then +4% in 2026.
- For condos, 2025 price decline around 1%, stabilizing in 2026. Inventory growth continues for condos—moving from ~10 months to ~12 months by 2026.
Why Buyer & Seller Behavior Matters
- Buyers benefit from more condo inventory—with long sales cycles and soft pricing, buyers can negotiate and find value.
- Single-family homes still attract strong interest, especially in suburban or coastal areas with stable pricing and demand.
Strategic Insights for Clients & Partners
For Buyers:
- Condos offer opportunity, but expect longer marketing times and focus on buildings with strong financial health (esp. post-Surfside reforms).
- Single-family homes remain resilient, particularly in A-rated school zones and safe neighborhoods.
For Sellers:
- Price condo units competitively amid rising supply and weakening demand.
- Highlight your home’s appeal: show move-in readiness, insurance safety features, and lifestyle benefits.
For Real Estate Professionals:
- Use these insights to educate clients—position yourself as a market-savvy ally.
- Consider partnerships with builders or developers to offer staged single-family homes or smart-style condos.
Educational Elements to Build Trust
- Define key terms (e.g., inventory, median sale price, months of supply).
- Explain the “balanced market” concept vs. seller’s or buyer’s markets.
- Use visuals like charts comparing condo vs. single-family pricing trends.
- Include expert forecasts—use data and quotes to bolster credibility.
Call to Action
Looking to buy or sell in today’s evolving Florida market?
Let me help you navigate the condo vs. single-family trends with real-time data, market expertise, and personalized strategies.
- Contact Laura Graves Real Estate to access local insights and listing analytics.
