Half of Florida’s vacant homes are seasonal — not hidden inventory. Danielle Fraser explains what vacancy data really means for buyers and investors in Northeast Florida & St. Johns County.

In February, Florida's housing market saw a 3.9% increase in single-family home sales and an 8.6% rise in condo-townhouse sales year-over-year. Median prices slightly declined by 0.7% for single-family homes and 1.9% for condos. New listings dropped compared to January and last year but remained within historical norms. Pending sales rose by 4% for single-family…

Florida recorded 18,379 closed sales of single-family homes in February, up 3.9% year-over-year, and 7,060 condo-townhouse sales, up 8.6%. Pending sales rose 4% for single-family homes and 9.1% for condos. Median prices slightly declined to $412,000 for single-family homes and $309,000 for condos. Inventory stood at 4.8 months for single-family and 9.3 months for condos.…