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.