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Much of Florida Has Seen an Increase in Inventory and Drop in Prices

According to the report, the Gulf Coast of Western Florida, including Cape Coral and North Port, has seen inventory rise by a staggering 50% from last year’s levels—more than any other U.S. state—offering some much-needed breathing room for buyers and investors.

Other areas in the state also saw increases: North Port-Sarasota experienced a 48% increase, while pricey West Palm Beach, often home to snowbirds from New York’s Tri-State area, also saw a 20% increase in inventory.

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