Home prices in South Florida and the rest of the state have kept increasing. But just like in many other parts of the country, the property values haven’t been increasing as fast as before.

The Florida housing market is undergoing significant changes, with inventory levels surging and price cuts becoming the norm in many areas. In this video, we dive deep into the data to uncover what’s driving these shifts and how they’re impacting home prices across the state.

In November 2024, that number grew again to 10 states: Arizona, Colorado, Florida, Idaho, Oklahoma, Oregon, Tennessee, Texas, Utah, and Washington. States likely to join that list soon include Alabama, Nebraska, Hawaii, and Georgia.

Whether you’re a year-round or short-term resident, it’s good to know how tourism can influence your housing options.