Local Market Watch – Mid-Year Update: Waterfront Condos
The oceanfront condo market is showing a meaningful improvement in buyer demand with a significant increase in closed sales through the first half of 2026.
July 17, 2026
The oceanfront condo market is showing a meaningful improvement in buyer demand with a significant increase in closed sales through the first half of 2026.
Throughout the Fort Lauderdale area, the first half of 2026 points to a market that has regained momentum, with stronger sales activity, rising prices, and several key segments once again favoring sellers.
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.
This beachfront condo corridor offers a classic South Florida lifestyle built around the ocean, walkability, convenience, and high-rise condo living.
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.
Boaters should always be on the lookout for manatees, especially in protection zones during manatee season when manatees can be anywhere just below the surface.
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.
The Fort Lauderdale International Boat Show 2025 is here. Check out our boat show tips for the beast experience.
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.