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Florida's Housing Market: April 2026 Report

In April 2026, Florida's housing market showed strong resilience, indicated by a notable increase in closed sales, pending sales, and a rise in inventory. According to the latest data from Florida Realtors®, this upward trend reflects ongoing buyer enthusiasm and market stability.

Chuck Bonfiglio, the president of the Florida Realtors® and broker-owner of AAA Realty Group in Plantation, emphasized the shift in the market, noting, "Florida’s housing market continues to show sustainable momentum. More buyers and sellers are identifying opportunities that align with their personal goals, which speaks to the current health of our market."

The figures from April illustrate this trend clearly: a total of 24,129 existing single-family homes were sold, marking a 2.4% increase from the previous year. In addition, 9,309 condo-townhouse sales were reported, representing a more impressive 6.9% rise compared to April 2025. This consistent growth demonstrates that the market has maintained a positive trajectory for eight consecutive months across both property categories.

Dr. Brad O’Connor, the Chief Economist for Florida Realtors®, provided insights into these figures, emphasizing that the slight increase in closed sales for April, especially for single-family homes, can be viewed as a sign of cautious optimism. “Though the growth rate may appear smaller than what we’ve experienced previously,” he stated, “the surge in pending sales serves as a leading indicator that this momentum is set to continue.”

Pending sales are essential in forecasting future closed sales, as they typically occur 30 to 90 days after contract signings. In April, new pending sales of existing single-family homes grew by 8% year-over-year, while pending sales for condo-townhouses saw a significant increase of 14.7%. The upward trend in these numbers suggests that many potential buyers are keen on moving forward with their purchases.

This indicates that the residential property segment, particularly condos and townhouses, may experience stronger sales growth than single-family homes in the months ahead. Given the ongoing challenges related to housing affordability in many Florida markets, condos continue to be a more accessible alternative.

Pricing Trends

As for pricing, the statewide median sales price for existing single-family homes has reached $420,000, reflecting a 1.8% increase from the previous year. Meanwhile, the median price for condo-townhouse units remained stable at $315,000, unchanged from the prior year. This pricing data serves as an important marker, illustrating the midpoint between the houses sold at higher prices and those sold lower.

Despite the positive sales results, inventory levels for both housing categories have seen a decline compared to a year earlier. Currently, single-family homes have a 4.7-month supply of active listings, while condo-townhouses are at an 8.9-month supply. This decrease in inventory can contribute to escalating prices, as supply continues to tighten against demand.

Conclusion

Florida's housing market is presenting a mixed yet optimistic landscape for both buyers and sellers. As more potential sales contracts materialize, it solidifies the market's positive outlook moving forward. Buyers are encouraged to work closely with local real estate professionals who can navigate the complexities of market trends, pricing, and neighborhood conditions. As we move toward May and June, stakeholders remain hopeful that the favorable conditions will persist, allowing the momentum built in April to propel the market further into the summer months. Florida Realtors® continues to act as an essential resource, providing critical education and services to its extensive member base, thereby supporting the overall success and growth of the real estate sector in Florida.