The First Coast saw the most dramatic drop in housing sales, falling by more than 30% in the past year.
Closed housing sale contracts across Florida fell in some of the state’s largest counties in April.
“The Elliman Report” is a monthly analysis detailing housing sales across the most populous states in the country, and the report shows that Florida’s housing market was notably sluggish last month. New signed closing contracts for home sales decreased in every major metropolitan area in the Sunshine State in April.
The Florida housing market had been heated leading into 2024. But Elliman analysts say the Sunshine state home market is obviously getting chilly.