Welcome to the Mid-Year 2025 Florida Luxury Market Report! This has been a year of significant shifts, with market normalization driven by higher interest rates and a substantial increase in available homes. While transaction volumes and prices have experienced some stagnation or decline in certain submarkets, the underlying long-term trends of population growth and second-home ownership remain a powerful foundation for Florida's enduring appeal. We are at a pivotal moment where new construction starts are beginning to align with population growth, setting the stage for a return to price appreciation once inventory is absorbed.
