Florida Home Prices Hold Steady

In Q3 2026, Florida existing sales stayed steady: single-family closings ↑0.2% yearly to 65.9K, while condo-townhouse closings ↑3.1% to 22.7K statewide overall.
Across Florida in Late-Q3, single-family closed sales reached 20.5K, ↓3.5% yearly, while condo-townhouse closings were 7.2K, essentially flat at ↓0.1% statewide overall.
Prices stayed relatively steady in Q3: single-family median reached $420K, ↑2.4% yearly, while condo-townhouse median held at $295K; supply measured 4.4 mo and 7.7 mo.
Market activity moved at a more measured pace, and homes generally sold faster than a year earlier, reinforcing the value of preparation and realistic expectations.
Heading into Q4 2026, an economist said higher mortgage rates weighed on sales, especially single-family, yet inventory stayed stable and upper-end activity performed well.

Nancy Ehlen

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Nancy Ehlen

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