Homebuyers Find More Affordable Listings Across Major States

Listing prices have been declining in Florida, Texas, and California for years, with transaction prices also falling sharply, especially for condos. Florida's median listing price dropped 13% from its 2022 peak, Texas 9%, and California 6%. New York's listing prices, previously stable, recently plunged 6.8% year-over-year, signaling potential market weakness. These trends reflect widespread housing market declines across major U.S. states.