Real estate in Florida has grown in recent years, and with the rise of technology, it's easier than ever to find information. In February 2024, Florida Realtors® reported a median existing single-family home sale price of $415,000, representing a 2.5% increase from January. It suggests sustained growth in the Sunshine State's housing market.
As a real estate agent, investor, or just someone interested in housing, you should keep up with current trends. Fortunately, multiple resources and websites offer comprehensive Florida real estate data.
Below, we'll highlight the best websites and resources for finding accurate information about property values, market trends, and more. These tools can help you learn more about the Florida real estate market and make better decisions.
5 Best Websites for Florida Real Estate Market Data
Source: unsplash.com
1. Zillow
Zillow is the largest real estate marketplace in the U.S., including Florida, and is renowned for its vast database of property listings. With over 57 million monthly visitors, Zillow provides unparalleled visibility for sellers and a wide selection of buyers.
Homeowners can list their properties for free on Zillow, gaining exposure to a large number of potential buyers. Its user-friendly interface, mobile app dominance, and interactive features make it a top choice for Florida real estate transactions.
Also, there are 135 million properties listed on Zillow, making it a valuable resource for people seeking residential properties. Over 67% of U.S. homes have been viewed on Zillow.com, highlighting its popularity.
Homeowners can even register, input property details, and showcase their listings at no cost. The platform's ease of use will appeal to novice and experienced users alike.
Zillow's mobile app receives 420 million views each month, underscoring its dominance in the mobile real estate market. The app provides convenient access to property listings, allowing users to browse and search for homes on the go.
2. Realtor.com
In Florida, Realtor.com is a popular website affiliated with the National Association of Realtors, known for its partnership with MLS, which ensures property listings are accurate. Buyers and sellers can access neighbourhood insights, school information, and financing tools on the platform.
With an impressive monthly visitor count of 8.3 million, Realtor.com ranks as the second most visited real estate website in the United States as of February 2024. It covers 99% of properties listed on Multiple Listing Services (MLS), making it one of the company's strongest assets.
MLS listings are sourced from approximately 580 regional databases, Which ensures the highest quality and reliability of listings.
Its user-friendly interface facilitates easy searches for homes in specific school districts for prospective buyers and renters. The platform also allows users to access pre-qualified financing and financial calculators. Its strong "find a realtor" feature connects users with experienced real estate professionals.
3. Trulia
In Florida, Trulia is considered one of the best real estate websites. It offers buyers, renters, sellers, and real estate professionals an extensive platform. With a monthly visitor count of 9.8 million, Trulia provides access to a vast database of over 3.5 million homes.
Its powerful, simple, and easy-to-use app makes Trulia the best mobile app for real estate searches in this age of mobile devices. Over 3.5 million homes are listed on Trulia, which pulls listings from Zillow, partners, brokers, agents, and third-party feeds.
While not directly accepting MLS listings, Trulia displays Zillow listings within 24 hours, enhancing its listing portfolio.
With Trulia, users can find detailed neighbourhood information, including crime rates, school ratings, and amenities. Its mobile app provides convenient access to property listings and neighbourhood data on the go.
For sellers, Trulia eases the listing process, offering exposure to a vast network of potential buyers. With access to home value estimates, sellers can showcase their neighbourhood's best features. In addition to recommending experienced agents, Trulia provides marketing tools for improving visibility.
Also, buyers browsing Trulia can explore agent-listed and For Sale By Owner (FSBO) homes, filtering listings based on preferences. However, users should verify information accuracy, as listings on Trulia may overlap with those on Zillow.
4. Redfin
Redfin is known for its user-friendly website, powerful search tools, and emphasis on transparency in the real estate industry. When buying or selling a home, users can access detailed property listings, including 3D virtual tours.
With Redfin's "Hot Homes" algorithm, new listings that are likely to sell quickly are highlighted to enhance browsing. The Redfin team also provides personalized assistance throughout the transaction.
One of Redfin's unique features is its low listing fee of 1.5%, significantly lower than traditional commission rates of 2.5% to 3%. Buyers also benefit from closing rebates. Sellers who sell and buy their home through a Redfin agent can also benefit from a discounted 1% commission and a 0.5% rebate upon buying another home.
In more than 100 real estate markets across 49 states, Redfin provides a range of useful online tools. Despite its advantages, including discounted seller broker costs and an easy-to-use platform, Redfin also has limitations.
5. Homes.com
Florida homebuyers, sellers, and landlords will find an extensive range of residential properties on Homes.com, the premier real estate website in the state. Founded in 1999, Homes.com has established itself as a trusted platform in all 50 states.
There are approximately 4.2 million people who visit Homes.com every month, demonstrating its popularity and widespread use. With annual revenue of $25 million to $50 million, it has grown into one of the biggest players in online real estate.
It offers over 1 million listings in Florida alone, giving prospective homeowners an array of options. Users can find everything from cozy apartments to spacious single-family homes to luxurious waterfront estates.
The website's user-friendly interface allows visitors to refine their search based on location, price range, number of bedrooms, and other criteria. Users can quickly narrow down their options and find properties that meet their needs.
Resources on Homes.com include articles, tips, and guides to help users navigate the real estate process. With insights and practical advice, the resource centre empowers users to understand the home-buying process.
3 Effective Resources for Florida Housing Market
1. Matt Strickland (Realtor)
Matt Strickland’s website (https://www.mattstrickland.realtor/) is a valuable resource for anyone considering buying or selling property in Florida, particularly those seeking insights into specific local markets.
Usually, Matt Strickland, a veteran officer of the United States Navy, brings a wealth of experience to the real estate industry. Since 2014, he has mastered the home-buying and selling process, leveraging his knowledge gained from transferring duty stations across the country.
His website offers valuable information on recent sales trends, market fluctuations, and forecasts within his areas of service. A home buyer or seller can also receive recommendations from him for mortgage lenders, inspectors, and other essential service providers.
2. Florida Realtors
Florida Realtors is the largest professional association for real estate agents and brokers in Florida. While membership offers significant benefits for realtors, it's important to understand if it's the "ideal" resource for everyone.
For licensed real estate professionals actively participating in the Florida market, it offers a compelling value proposition. A variety of business tools are available to members, including online transaction platforms, legal hotlines, and market analysis tools (SunStats®).
Their Forewarn app even encourages people to show safety. Furthermore, the association offers engaging networking events, educational opportunities, and access to commercial listings.
By subscribing to Florida Realtor magazine, you gain insight into industry marketing strategies and contribute to industry advocacy efforts. Exclusive discounts on services, travel, and car rentals add to membership benefits.
However, Members will enjoy additional benefits, including a subscription to Florida Realtor magazine for industry insights and marketing techniques. There are actual financial benefits associated with exclusive discounts on goods, services, hotel accommodations, and car rentals.
Also, Florida Realtors actively advocate for thriving real estate markets through political advocacy efforts in the state capital. Local Chambers of Commerce provide real estate information for businesses and residents, including advocacy for affordable housing.
3. NerdWallet Florida Housing Market
In Florida, NerdWallet is a reputable source for complete and unbiased financial information, providing insights about real estate. It offers a wealth of information for investors and homeowners.
This in-depth guide empowers users with essential information to navigate Florida's highly competitive market.
Here, you’ll get a peek into current trends, like median sales prices, affordability indices, and inventory levels, based on data from multiple regions. You can choose from a variety of regional breakdowns on NerdWallet, whether you are looking for a family-friendly resort in Orlando or the excitement of Miami.
For first-time homebuyers, NerdWallet offers mortgage rates, down payment assistance programs, and average property tax rates in Florida. The user-friendly interface of NerdWallet makes it easy to navigate, no matter what your experience level is.
Sum Up
In a highly competitive industry like real estate, accurate and up-to-date market data is imperative. Luckily, the internet provides a wide range of resources for obtaining this information, especially in the Florida real estate market.
Many websites provide a wide variety of housing trends, demographics, and economic data. As a real estate professional, utilizing these resources can give you a competitive edge and help you make the right decisions.
Comments(3)