Florida's Housing Market Thrives: Sales and Prices Rebound in Mid-2026

Florida's Housing Market Report - June 2026

Florida's housing landscape is experiencing a robust resurgence as evidenced by recent data from Florida Realtors. The state has seen an increase in both closed and pending sales along with rising median prices for existing single-family homes and condo-townhomes compared to the previous year.

In June 2026, the number of closed sales for existing single-family homes reached a total of 26,036, reflecting a 9.3% growth from June 2025. Meanwhile, sales of existing condo-townhouses increased by 14%, totaling 8,900 transactions. In the second quarter of 2026, the trend continued with 75,080 closed sales of single-family homes, marking a 4.1% rise from Q2 2025, and 27,101 sales of condo-townhouses, up 9% from the previous year.

This uptick in activity comes despite the fact that mortgage rates have risen from the record lows seen during the pandemic. However, they remain within the historical averages that buyers have managed over the past two decades. Chuck Bonfiglio Jr., the president of Florida Realtors, emphasizes that while sellers need to carefully prepare and price their homes, buyers still have ample opportunities to negotiate effectively.

Jennifer Warner, the director of economic development at Florida Realtors, further details that these increases in sales figures should be contextualized; comparisons are made against what was a particularly sluggish sales month in June 2025. When looking at the broader picture of the market, the current activity aligns more closely with 2023 trends, despite persistent higher interest rates hovering around 6.5% as of mid-2026.

The median sales price for single-family homes in June 2026 was recorded at $432,000, a 4.9% increase over the previous June. For condo-townhouses, the median price rose by 1.7% to $305,000. The overall median prices reflect ongoing supply and demand dynamics that are establishing new normal levels in the Florida real estate market, reverting to trends that were amplified during the pandemic.

Notably, single-family homes face a 4.5-month supply while condo-townhomes stand at an 8.1-month supply, indicative of a relatively healthy market balance. These statistics underscore the importance of understanding regional conditions—markets can vary significantly based on property types and price points.

Overall, the Florida housing market is showcasing a steady recovery with greater buyer engagement, increased sales activity, and growing prices, marking a positive forecast for real estate stakeholders in the coming months. For detailed housing reports, interested stakeholders can reference the Florida Realtors Newsroom for the latest statistics.

Florida Realtors continues to support its 230,000 members by offering educational resources, advocacy, and research services. With ongoing efforts to navigate market challenges, Florida Realtors remains a pivotal force in shaping the future of real estate in the region.