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Florida housing market trends

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2026-09-18 14:52 UTC → 2026-09-19 11:45 UTC · added ~~removed~~

The Florida housing market has transitioned from localized mixed trends in Northeast Florida to a broader statewide divergence between property types. In July 2026, Northeast Florida showed a move toward a balanced market, with median single-family home prices in the six-county region decreasing by 3.2% to $405,000. During this period, Brevard County saw rising single-family home sales alongside a significant 23.7% decline in active listings, while its condo and townhouse segment experienced increased sales and price growth. By late 2026, the state-wide landscape revealed a clear split. The single-family home market became more seller-leaning, with the statewide median price rising 1.2% year-over-year to $415,000 and active listings falling by 13%. Conversely, the condominium and townhouse sector remained a buyer’s market with a 7.7-month supply. Within this segment, the luxury condo market in Miami-Dade showed strength, with transactions for properties over $1 million rising 15.5% year-over-year, even as the resale condo market faced challenges from structural-reserve regulations. Recent data highlights a surge in high-end activity, particularly in Miami-Dade, where sales of homes priced at $10 million or more have already reached 194 in 2026, a 14% increase over 2025. This growth is attributed to Florida’s emergence as a wealth hub for international investors and executives. Additionally, the Florida Keys have seen robust upward trends, with median prices in areas like Key West exceeding $700,000, driven by remote work trends and demand for both vacation and permanent residences.

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