Categories: Uncategorized

Florida Sales Rise for Eighth Month

Statewide existing single-family closings hit 24.1K in Early-Q2, ↑~2% yearly, while condo-townhouse closings reached 9.3K, ↑~7%, showing activity across ownership segments despite affordability pressure.
Median single-family prices reached $420K, ↑~2% yearly. Condo-townhouse prices held at $315K, signaling statewide values are no longer in broad retreat as appreciation cooled.
New pending contracts point ahead: single-family deals ↑~8% yearly, condo-townhouse contracts ↑~15%, and an expert expects sales gains to continue into Mid-Q2 and Late-Q2 2026.
Condo momentum stands out after earlier financing, insurance, and fee challenges. A mortgage professional observed buyers showing confidence and steadier activity in 2026.
Inventory remains uneven: single-family supply sat at 4.7 mo, while condo-townhouse supply reached 8.9 mo, reinforcing local REALTOR® guidance for buyers and sellers.

Karen

Recent Posts

Florida housing inventory near pre-pandemic norms, economist says

Florida's housing inventory levels resemble the balanced conditions from 2014-2020 rather than the oversupply seen…

2 days ago

Is it a good time to buy a home in South Florida? Check the new sales trends

Miami-Dade home sales rose over 5% year-over-year, with single-family homes up 8% and condos nearly…

3 days ago

Florida’s housing market posts eighth consecutive month of rising sales

Florida's housing market has seen eight consecutive months of year-over-year sales growth. April closed sales…

4 days ago

Florida HOA Boards Prioritize Fee Transparency

A current Florida review found board dissatisfaction centers on unclear fees, not pricing alone, making…

5 days ago

Florida Buyers Gain More Pricing Leverage

Florida's median listing prices ↓$11.3K yearly in Q1 2026 and ↓$33K since 2024, giving buyers…

6 days ago

Will Mortgage Rates Stay Elevated Through Summer 2026

Thirty-year fixed mortgage rates are expected to remain around 6.2% to 6.5% between May and…

1 week ago