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FLORIDA CONDO AND TOWNHOUSE SALES ARE DROPPING

012925 (PNJ) In 2024, Florida condo and townhouse sales dropped 10.5%, the lowest in 15 years. Experts say the move comes after a hike in special assessments and monthly fees. Florida Realtors confirm there were 94,380 closed sales of existing condo-townhouses in 2024, compared to 105,411 in 2023. The total dollar amount of sales, $44.4 billion, was down 9.1% compared to 2023's 48.8 billion.


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