🏡 August 2025 Market Update – North Port Estates
August has been a slower month in North Port Estates as summer winds down. With many families focused on vacations, back-to-school preparations, and returning to work routines, real estate activity naturally eased. Even so, both residential homes and vacant land continue to see steady interest and movement.
This local slowdown mirrors the broader Florida housing market. According to Florida Realtors’ July statistics, closed sales of single-family homes were up slightly year-over-year (about 3%), while condos and townhouses saw a sharper 12% decline. Median sale prices also reflected some cooling, with single-family homes statewide down 1.7% compared to last year, and condos down over 6%. Mortgage rates have softened slightly, hovering closer to 6.5% than 7%, which has helped improve pending sales. However, affordability remains the main hurdle, and inventory levels are still giving buyers negotiating power in many areas.
📍 Residential
- 12 Active Listings
- 1 New Listing
- 1 Price Decrease
- 1 Canceled
- 1 Withdrawn
🌴 Vacant Land
- 12 Active Listings
- 1 New Listing
Overall, the North Port Estates market continues to offer opportunities for both homebuyers and land investors. Residential activity included some cancellations and a withdrawn listing, while vacant land saw only one new property come online this month.
👉 For the latest active listings and detailed market data, visit https://island.realestate.
