South Florida housing market could see drop in prices, with nearly 52,000 homes listed for sale

The number of homes listed for sale in South Florida has risen to its highest point in nearly a decade — which ultimately could lead to some lower prices, real estate experts say.

There were nearly 52,000 active listings across South Florida’s tricounty region in April — more than quadruple the number from 2022 during the COVID-19 pandemic, when listings had fallen to 12,825, according to Reventure , a real estate analytics tool.

The home inventory has kept going up in recent years. Last year, active listings in April stood at nearly 37,000, before the region saw yet another increase this year…

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