What You Need To Know According to real estate brokerage Redfin, Florida’s housing market has reached a new peak, with over 172,000 homes available Of these listings, over 24,000 are in the ...

The housing crisis in Florida has reached a dramatic new milestone, with more homes on the market than ever before.

The number of homes for sale sitting idle on the market is growing in the Sunshine State, especially in the south, as properties remain unaffordable for many.

In Florida, there was an average of 118,165 active listings per month in 2020. Altogether, there were 248 active listings per 10,000 owner-occupied homes, compared to the national average of 124.

The national median price for homes currently listed for sale in the U.S. is $289,000, according to Zillow. In Florida, the median list price is a little higher — $298,500.

With few homes on the market to buy in Florida, Realtors often have to convince owners to sell when their house fits a client's needs.