Strong Start to 2026 for Single Family Homes, Condo Market Still Adjusting South Florida’s housing market kicked off 2026 with solid single family price growth and steady inventory levels across
Buyers are once again gaining confidence in older condo buildings. Combined with lower interest rates, demand is expected to strengthen throughout 2026.
The Single Family Waterfront Market is slowly getting back to normal, with the exception of Active Listings and Sale Volume, which are still about 20% below normal levels.
South Florida’s single family market closed out 2025 in a stable position, with steady sales growth and balanced inventory levels across the region.
Median sale prices across South Florida were mixed in November, with single family home prices generally flat, while condo prices were down year over year.
South Florida single family home prices are up slightly while condo prices soften a bit. Check out our SunStats data & expert insights for Fort Lauderdale, Miami and Palm Beach.
Single family prices remain stable year over year, supported by relatively tight supply and steady demand. Condos, on the other hand, continue to show price weakness, with inventory rising.
Inventory is currently at 9.7 months, which is in the range of equilibrium, and median prices are trending upwards. It feels like a normal market again.
Welcome to a normal condo market. Oceanfront condo inventory peaked at about 16 months last Spring, and has slowly been absorbed to our current level of 11.2 months of supply.
Buyers are getting comfortable with older condo buildings and as a result they are getting some amazing deals. Condos are now selling at 92.7% of list price, the lowest list to sell ratio in 13 years.
Inventory levels on Fort Lauderdale’s waterfront are technically favoring buyers, but we still wouldn’t call it a buyer’s market. Check out the October reports.
2 years ago we had less than 6 months of oceanfront condo inventory in Northeast Broward County. We now have 13 months of supply and arguably a strong buyer’s market.
