Report: Florida is No. 1 in the nation in new home listings

The lack of residential inventory has been a sore point for Realtors across the region for months, but according to one new report, Florida is awash in home listings. 

So much so that the Sunshine State, with 20,655 new home listings per 100,000 properties over the past three years, is No. 1 in the country in the closely watched metric. The report, from Ruby Home Luxury Real Estate in California, using data from Realtor.com, the U.S. Bureau of Labor Statistics and RentCafe, traced new home listings nationwide from January 2020 through June 2023.

Over that time at least 1.7 million property listings were entered in Florida, good for 42,365 new listings per month, the report found. That’s at least 10% of all new inventory nationwide: Some 400,000 new properties enter the market across the country each month.