As Florida's home market cools, the median number of days between a home listing and the closing date has grown. In the first quarter of 2024, selling a condo or a townhouse took 87 days, compared to 50 days in the second quarter of 2023. The change in demand has also resulted in a declining value of condos and townhouses sold.
Median days on market for townhouse and condominiums sales in Florida from 1st quarter 2018 to 1st quarter 2024
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Florida Realtors. (April 1, 2024). Median days on market for townhouse and condominiums sales in Florida from 1st quarter 2018 to 1st quarter 2024 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1268384/time-to-sale-of-condo-townhouse-sales-florida/
Florida Realtors. "Median days on market for townhouse and condominiums sales in Florida from 1st quarter 2018 to 1st quarter 2024." Chart. April 1, 2024. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1268384/time-to-sale-of-condo-townhouse-sales-florida/
Florida Realtors. (2024). Median days on market for townhouse and condominiums sales in Florida from 1st quarter 2018 to 1st quarter 2024. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1268384/time-to-sale-of-condo-townhouse-sales-florida/
Florida Realtors. "Median Days on Market for Townhouse and Condominiums Sales in Florida from 1st Quarter 2018 to 1st Quarter 2024." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1268384/time-to-sale-of-condo-townhouse-sales-florida/
Florida Realtors, Median days on market for townhouse and condominiums sales in Florida from 1st quarter 2018 to 1st quarter 2024 Statista, https://www.statista.com/statistics/1268384/time-to-sale-of-condo-townhouse-sales-florida/ (last visited July 27, 2024)
Median days on market for townhouse and condominiums sales in Florida from 1st quarter 2018 to 1st quarter 2024 [Graph], Florida Realtors, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1268384/time-to-sale-of-condo-townhouse-sales-florida/