

State & Local Analysis
May 29, 2025
Peeling Back the Layers to the Florida Condo Market Weakness
Florida’s housing market had a strong run in the years following the pandemic and its condominium sector was no exception. But this positive narrative has seen a dramatic shift over the last few quarters. While the overall housing market has softened, in tune with national trends, Florida’s condo sector remains on much weaker footing with both sales and prices down considerably from their recent peaks.