Time to sale of condos and townhouses sold in Florida 2018-2024, per quarter
As Florida's home market cools, the median number of days between a home listing and the closing date has grown. In the first quarter of 2024, selling a condo or a townhouse took 87 days, compared to 50 days in the second quarter of 2023. The change in demand has also resulted in a declining value of condos and townhouses sold.