EPISODE · Feb 28, 2026 · 14 MIN
Episode 70: Jan 2026 Discussion of November 2025 Market Report
from Real Property St Pete · host David Vann & Julie Jones
Send us Fan MailNovember 2025 Market Statistics | January 2026 DiscussionEpisode Summary Absorption rate hit 22% in November 2025, the lowest level in over four years — signaling the slowest likelihood of selling since early 2022.Condo absorption dropped to just 10%, also a four-year low, reflecting oversupply and buyer hesitation in that segment.Closed sales totaled 727, one of the weakest months on record outside post-storm disruption periods.Median sale price came in at $440,000, down 7.4% year-over-year, but highly dependent on flood-zone exposure and property condition.Flood-zone properties show dramatic value dispersion:Non-flooded homes: down ~15–20%Flooded but unrepaired: down 30–40%Flooded and repaired: often ~25–30% below pre-storm valuesMedian days to contract held steady at 47 days, with median days to close at 81 — showing pricing, not demand timing, remains the core issue.New pending sales (824) and new listings (867) were the lowest monthly totals of 2025, reflecting holiday slowdown and seller hesitation.Months of inventory dipped to 3.9, the first time below four months since November 2024 — driven more by reduced listings than rising demand.Despite lagging November stats, January 2026 activity is strong, with both hosts reporting new listings, buyer movement, and seller inquiries.Consensus outlook: the market feels positioned for a healthier, more active 2026, especially as storm-distorted data fades.Want to work with us? David Vann can be found here, and Julie Jones can be found here! Reach out! We're nice, and we'd love to hear from you!
What this episode covers
Send us Fan Mail November 2025 Market Statistics | January 2026 Discussion Episode Summary Absorption rate hit 22% in November 2025, the lowest level in over four years — signaling the slowest likelihood of selling since early 2022.Condo absorption dropped to just 10%, also a four-year low, reflecting oversupply and buyer hesitation in that segment.Closed sales totaled 727, one of the weakest months on record outside post-storm disruption periods.Median sale price came in at $440,000, d...
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Episode 70: Jan 2026 Discussion of November 2025 Market Report
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