When assessing home price momentum, it’s important to monitor active listings and months of supply. If active listings start to rapidly increase as homes remain on the market for longer periods, it may indicate pricing softness or weakness. Conversely, a rapid decline in active listings could suggest a market that is heating up.
Generally speaking, local housing markets where active inventory has jumped above pre-pandemic 2019 levels.
Source: Florida ResiClub
Year Over Year Change
Florida
Inventory in June 2017: 136,241
Inventory in June 2018: 134,336
Inventory in June 2019: 139,464
Inventory in June 2020: 114,937
Inventory in June 2021: 47,829
Inventory in June 2022: 58,237
Inventory in June 2023: 81,676
Inventory in June 2024: 140,080
Inventory in June 2025: 178,636
Mortgage Rates
Tick Up
After declining for five consecutive weeks, the 30-year fixed-rate mortgage moved slightly higher following a stronger than expected jobs report. Despite ongoing affordability challenges in the housing market, home purchase and refinance applications are responding to the downward trajectory in rates, increasing by 25% and 56%, respectively, compared to the same time last year.
