Florida's housing market is turning down in 2024 due to a big rising in inventory and a decline in homebuyer demand. Home prices are now dropping in many parts of the state, and could decline by more in 2024 and 2025. Especially in cities like:

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10. Cape Coral / Fort Myers
9. Jacksonville
8. Naples
7. Orlando
6. Punta Gorda
5. Tampa / St. Petersburg
4. Ocala
3. Miami Metro Area
2. Lakeland
1. Port St. Lucie
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