Trends in Florida 55+ Active Adult Real Estate Market

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3 minute read

What You’ll Gain From Reading This Article: This article provides real estate data for the 55+ homebuying market in Florida for February 2024.


Florida continues to be the largest market in the 55+ real estate industry. More than 50% of all MLS listings in the U.S. in February 2024 were in the Sunshine State. Southeast Florida, which includes Miami-Dade and Broward Counties, had by far the most listings, at nearly 3,800. Following SE Florida, the other areas with significant homes available include the Central Florida region, Fort MyersNaples, and Tampa Bay.

List prices in Florida are lower than in many other parts of the country with abundant supply. Other than Fort Myers-Naples, the other three popular areas have average list prices in the $330k – $350k range. Sales have been steady. However, the plentiful supply has led to nearly five months of inventory in Tampa. Other regions generally have 6 – 8 months of inventory. On the sales side, sales prices are running at about 3% below the list. 

The Villages, Sun City Center, On Top of the World, and The Villages of Citrus Hills had the most sales in February. Of the 20 communities with 20 or more sales, prices increased compared to January 2024 in 18 of the 20. Also, the total units sold grew in all but one.

Market AreaAverage Daily Active Listing CountMedian Listing PriceMedian Days On MarketAverage Of 30 Days Sum Of Total Closed ListingsMedian Sales PriceDays Inventory
Central Atlantic Coast637$432,4507872$425,0008.85
Central Florida2,429$334,45067490$336,2504.96
Central Gulf Coast1,276$399,90064200$502,5006.38
Daytona Beach483$431,0006495$447,3705.08
Florida Panhandle70$495,0001516$991,50011.67
Fort MyersNaples1,815$572,50054223$627,5008.14
Jacksonville305$459,0006135$431,9808.71
Southeast Florida3,794$342,50053498$264,0007.62
Tampa1,518$339,90063319$331,2504.76
FLORIDA TOTAL12,327$392,264611938$380,0336.36
NameFeb 2024 ListingsΔ vs. Jan 2024Feb 2024 Median Listing PriceΔ vs. Jan 2024Feb 2024 Median Days On MarketΔ vs. Jan 2024Feb 2024 ClosingsΔ vs. Jan 2024Feb 2024 Median Sales PriceΔ vs. Jan 2024Months of InventoryΔ vs. Jan 2024
The Villages4443.3%370 k1.3%5131227.0%366 k1.2%3.60.1
Sun City Center2792.6%300 k0.0%6915920.4%320 k2.2%4.70.8
On Top of the World1954.3%307 k0.2%7523620.0%283 k7.3%5.40.8
The Villages of Citrus Hills1992.6%453 k0.5%7903512.9%400 k4.3%5.70.6
Century Village at Pembroke Pines1778.6%250 k0.0%6012920.8%212 k0.9%6.10.7
Century Village at West Palm Beach2467.0%139 k0.0%622297.4%124 k0.8%8.50.0
Kings Point1316.5%249 k0.2%6422920.8%207 k6.9%4.50.6
Kings Point in Delray Beach3276.9%165 k0.0%672244.0%135 k3.9%13.61.4
Angeline267.1%415 k2.8%3412210.0%406 k0.9%1.20.1
Halifax Plantation911.1%565 k0.3%719210.0%391 k1.0%4.30.0
Oak Run701.4%250 k1.2%646215.0%261 k2.4%3.30.2
Solivita933.1%340 k0.0%10632123.5%390 k19.1%4.41.2
Southshore Bay290.0%399 k0.0%3662131.3%386 k7.7%1.40.4
Venetian Bay729.1%444 k0.5%49142116.7%434 k2.8%3.40.2
Century Village East2106.6%157 k0.9%5272011.1%153 k0.7%10.50.4
Century Village at Boca Raton2144.9%180 k0.6%672180.0%156 k2.5%11.90.6
Wynmoor Village1333.1%220 k0.0%6921812.5%165 k8.8%7.40.7
Kings Point in Tamarac1086.9%250 k2.9%550176.3%239 k0.0%6.40.0
Villages of Oriole1417.6%245 k1.6%633156.3%220 k1.1%9.41.2
On Top of the World Clearwater923.4%215 k1.1%714146.7%180 k0.0%6.60.6
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ABOUT MARSTON GOULD

Marston Gould started his career off with a bang at NASA where he worked for 10 years. He then switched gears from being an engineer to conquering the world of marketing beginning with his role in building an agency in Boston, MA. Now, with over 25 years of Digital Marketing experience, Marston attributes his success to the collaborative teams he’s had the privilege of being a part of. As the field of marketing continues to evolve, Marston always keeps his eye on the current trends.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

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