Inland Florida Condo Prices Stay Strong as Coastal Prices Drop -- Market Talk

Dow Jones

Feb 25, 2025

1245 ET - In January, inland Florida's median condo sale price rose 5.4% year over year, outpacing a 3.7% increase for single-family homes, Redfin says, while Gulf Coast condos fell 4.8% and Atlantic Coast dropped 3%. Inland condos benefit from cheaper insurance, lower HOA fees, and newer buildings compliant with recent regulations, unlike costlier coastal areas. Statewide, HOA dues have spiked due to natural disasters, rising insurance costs, and post-2021 Surfside collapse reforms. Florida's 2022 law mandates inspections for condos over 30 years old and sufficient repair reserves, prompting fee hikes and special assessments by Dec. 31. Though inland condo prices rose in three of five metros Redfin studied, the pace has slowed. (chris.wack@wsj.com)

(END) Dow Jones Newswires

February 24, 2025 12:45 ET (17:45 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2514743847"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2514743847\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2514743847?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-25 01:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514743847","market":"nz","top_or_hot":-1,"title":"Inland Florida Condo Prices Stay Strong as Coastal Prices Drop -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1245 ET - In January, inland Florida's median condo sale price rose 5.4% year over year, outpacing a 3.7% increase for single-family homes, Redfin says, while Gulf Coast condos fell 4.8% and Atlantic Coast dropped 3%. Inland condos benefit from cheaper insurance, lower HOA fees, and newer buildings compliant with recent regulations, unlike costlier coastal areas. Statewide, HOA dues have spiked due to natural disasters, rising insurance costs, and post-2021 Surfside collapse reforms. Florida's 2022 law mandates inspections for condos over 30 years old and sufficient repair reserves, prompting fee hikes and special assessments by Dec. 31. Though inland condo prices rose in three of five metros Redfin studied, the pace has slowed. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 12:45 ET (17:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inland Florida Condo Prices Stay Strong as Coastal Prices Drop -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInland Florida Condo Prices Stay Strong as Coastal Prices Drop -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-25 01:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1245 ET - In January, inland Florida's median condo sale price rose 5.4% year over year, outpacing a 3.7% increase for single-family homes, Redfin says, while Gulf Coast condos fell 4.8% and Atlantic Coast dropped 3%. Inland condos benefit from cheaper insurance, lower HOA fees, and newer buildings compliant with recent regulations, unlike costlier coastal areas. Statewide, HOA dues have spiked due to natural disasters, rising insurance costs, and post-2021 Surfside collapse reforms. Florida's 2022 law mandates inspections for condos over 30 years old and sufficient repair reserves, prompting fee hikes and special assessments by Dec. 31. Though inland condo prices rose in three of five metros Redfin studied, the pace has slowed. (chris.wack@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 24, 2025 12:45 ET (17:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4548","symbol_name":"巴美列捷福持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514743847","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514743847","pubTimestamp":1740419100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1245 ET - In January, inland Florida's median condo sale price rose 5.4% year over year, outpacing a 3.7% increase for single-family homes, Redfin says, while Gulf Coast condos fell 4.8% and Atlantic Coast dropped 3%. Inland condos benefit from cheaper insurance, lower HOA fees, and newer buildings compliant with recent regulations, unlike costlier coastal areas. Statewide, HOA dues have spiked due to natural disasters, rising insurance costs, and post-2021 Surfside collapse reforms. Florida's 2022 law mandates inspections for condos over 30 years old and sufficient repair reserves, prompting fee hikes and special assessments by Dec. 31. Though inland condo prices rose in three of five metros Redfin studied, the pace has slowed. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4079":"房地产服务","RDFN":"Redfin Corp"},"translate_title":"随着沿海价格下跌，佛罗里达州内陆公寓价格保持强劲——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDFN":0.9},"content_text":"1245 ET - In January, inland Florida's median condo sale price rose 5.4% year over year, outpacing a 3.7% increase for single-family homes, Redfin says, while Gulf Coast condos fell 4.8% and Atlantic Coast dropped 3%. Inland condos benefit from cheaper insurance, lower HOA fees, and newer buildings compliant with recent regulations, unlike costlier coastal areas. Statewide, HOA dues have spiked due to natural disasters, rising insurance costs, and post-2021 Surfside collapse reforms. Florida's 2022 law mandates inspections for condos over 30 years old and sufficient repair reserves, prompting fee hikes and special assessments by Dec. 31. Though inland condo prices rose in three of five metros Redfin studied, the pace has slowed. (chris.wack@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2025 12:45 ET (17:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}