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9 clusters · 26 sources · 72 days · First seen · Last updated

Florida housing market trends

Overview

The Florida housing market is characterized by a widening divergence between single-family homes and the condominium sector. By late 2026, the statewide median sale price for existing single-family homes reached $415,000, a 1.2% year-over-year increase, supported by tightening inventory. In contrast, the condominium and townhouse segment remains a buyer’s market with approximately 7.7 months of supply and a median price of $298,000.

In South Florida, this split is pronounced. In Palm Beach County, single-family homes maintain a seller’s market with 3.5 months of supply, while the condo market holds 6.7 months of supply. Miami-Dade faces unique pressures; while the luxury condo market ($1M+) saw a 15.5% increase in transactions in July 2026, the region received an ‘F’ grade in affordability due to land scarcity and high costs.

By September 2026, South Florida counties reported a downward trend in median listing prices and active inventory. In Miami-Dade, the median listing price fell 1% year over year to $589,000, while active listings decreased by 8%. Broward County saw a 5% year-over-year decline in median listing prices to $380,000, alongside a 12% drop in active listings. Palm Beach reported a 3% decrease in median listing prices to $472,000 and a 19% decline in active listings.

Segmented data for Broward County shows that while median condo sale prices declined 14.6% to $235,000, the median price for single-family homes rose 2.4% to $641,500. Additionally, mid-market condominium sales priced between $500,000 and $600,000 in Broward increased by 8% year over year.

Entities

Palm Beach County · Florida · MIAMI Association of Realtors · Miami-Dade County · Florida Realtors

Timeline

  1. [BUSINESS] 2 sources
    South Florida real estate markets see declining prices and inventory

    September 2026 data shows declining median listing prices and active inventory across Miami-Dade, Broward, and Palm Beach, though Broward's mid-market condo sales and single-family home prices showed resilience

  2. [BUSINESS] 2 sources
    Florida housing market shows price stability amid rising ownership costs

    Florida's housing market shows stable single-family home prices, but rising insurance and ownership costs are impacting affordability and buyer purchasing power.

  3. [BUSINESS] 2 sources
    Florida Keys housing market shifts toward cash buyers

    Rising interest rates and insurance costs are creating a divide in the Florida Keys, favoring cash buyers over mortgage-dependent families and younger residents.

  4. [BUSINESS] 3 sources
    Palm Beach County housing market splits between homes and condos

    Palm Beach County's housing market has split, with single-family homes remaining a seller's market while condos shift toward buyers due to new Florida safety regulations and increased maintenance costs.

  5. [BUSINESS] 8 sources
    South Florida housing market splits between single-family homes and condos

    South Florida's housing market is splitting, with single-family homes remaining a seller's market while condos face buyer-friendly conditions and stricter financing requirements due to structural reserve laws.

  6. [BUSINESS] 2 sources
    Miami housing market faces affordability and construction challenges

    Miami has received an F grade in Realtor.com's housing report due to low affordability and limited land for expansion, even as luxury condo development and supertall construction continue to rise.

  7. [BUSINESS] 2 sources
    Florida real estate market sees surge in luxury sales and coastal demand

    Florida's real estate market is seeing record growth, with Miami-Dade luxury sales surging and the Florida Keys experiencing high demand for vacation homes and sustainable condominium developments.

  8. [BUSINESS] 4 sources
    Florida housing market shows divergence between condos and single-family homes

    Florida's real estate market shows a split in late 2026: single-family homes lean toward sellers with rising prices, while the condo sector remains a buyer's market with higher inventory levels.

  9. [BUSINESS] 3 sources
    Florida housing markets show mixed trends in July

    Florida housing markets showed mixed results in July 2026, with Northeast Florida seeing more buyer flexibility and declining median prices, while Brevard County experienced surging condo sales and tighteningly

Sources

baltimorechronicle.com · bythesearealty.com · citybuzz.co · coingate.com · hauteresidence.com · hcnews.com · internewscast.com · keysnews.com · miamitodaynews.com · mygwork.com · noradarealestate.com · offthepress.com · paintingclasses.com.au · pontevedrarecorder.com · republicmonitor.com · reversemortgagedaily.com · robbreport.com · spacecoastdaily.com · tbh.land · techfinancials.co.za · thecocktailproject.com · thecooldown.com · themiamiguide.com · vinnews.com · webdisclosure.com · world-today-news.com

This summary has been updated 7 times: see revision history