The Biggest Spikes in Home Listings Are in Florida Cities Now

The past few years have seen a steady stream of people moving to Florida, causing real estate prices to surge and making it difficult for local home shoppers to find properties.

But recently, four Florida cities have seen a jump in the number of new listings for sale.

Nationwide, the number of homes for sale was down 3.4% year over year as of Oct. 1, 2023. But listings nationally rose 3% in September compared with August after months of steady decline, according to Redfin.

The growing number of homes for sale offers “a glimmer of hope for buyers because it means they have a bit more to choose from,” Redfin says. The real estate brokerage firm adds that as more homes go up for sale, it “could eventually ease price increases.”

Following are the markets with the biggest spikes in home listings compared with last October, including the Sunshine State cities that take the top four places.

1. Orlando, Florida

This metro area’s 12-month increase in the number of new home listings: 14.2% as of Oct. 1

The city of Orlando is home to more than 100 lakes. One of them — Lake Eola — is actually a huge sinkhole reaching a depth of 80 feet.

2. Jacksonville, Florida

This metro area’s 12-month increase in the number of new home listings: 10.6% as of Oct. 1

The city of Jacksonville encompasses more than 840 square miles. That means that, by landmass, it is the largest city in the continental United States.

3. West Palm Beach, Florida

This metro area’s 12-month increase in the number of new home listings: 9.4% as of Oct. 1

The city of West Palm Beach is the county seat of Palm Beach County. At 2,578 square miles, the county is larger than the entire state of Rhode Island as well as the state of Delaware.

4. Miami

This metro area’s 12-month increase in the number of new home listings: 8.1% as of Oct. 1

Miami is the only major U.S. city founded by a woman, a local businesswoman named Julia Tuttle. She did so by convincing a developer to extend the Florida East Coast Railroad deep into South Florida.

5. San Jose, California

This metro area’s 12-month increase in the number of new home listings: 6.9% as of Oct. 1

San Jose once was the capital of California, getting that designation in 1849. The state’s leaders gathered in a two-story adobe hotel there, but it burned down in 1853. The following year, the Legislature moved to Sacramento, which officially became the capital in 1879.