South Florida Real Estate Report – May 2026
South Florida’s housing market continued to strengthen in May 2026, with rising sales volume, tightening inventory, and steady single family price growth across the tri-county area.
June 23, 2026
South Florida’s housing market continued to strengthen in May 2026, with rising sales volume, tightening inventory, and steady single family price growth across the tri-county area.
Buyer demand has helped bring ocean access homes back to a more balanced market, with some segments once again favoring sellers.
After several years of extraordinary market conditions, inventory has returned to more normal levels across most coastal condo segments.
South Florida’s housing market remained active in April 2026, with inventory continuing to tighten across both single family and condo markets.
South Florida’s housing market gained momentum in March 2026, with strong year-over-year sales growth across both single family homes and condos.
South Florida’s housing market continued its steady trajectory in February 2026, with single family homes showing solid price growth and stable inventory levels.
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.