Florida Housing Market Shows Positive Growth with Increased Sales in February 2026

Florida Housing Market on the Rise in February 2026

In February 2026, Florida's housing market exhibited strong signs of recovery as it recorded a notable uptick in both closed sales and new pending sales compared to the same month last year. According to the latest data shared by Florida Realtors®, the market appears to be gaining momentum as the spring buying season approaches.

Chuck Bonfiglio, the president of Florida Realtors for 2026 and broker-owner of AAA Realty Group in Plantation, emphasized, “Florida’s housing market continued building momentum in February, demonstrating that buyers remain active across various regions of the state.” This rising activity in closed and pending sales underscores a robust demand despite the generally slow post-pandemic recovery.

Closed sales for single-family homes saw an impressive rise to 18,379 statewide, reflecting a 3.9% increase year-over-year. Likewise, sales for existing condo and townhouse properties reached 7,060, marking an 8.6% jump compared to February 2025. These upward trends indicate a sustained interest in homeownership in Florida, as evidenced by the six consecutive months of year-over-year growth in closed sales across both categories.

Interestingly, while sales numbers were on the rise, median prices for both single-family homes and condo-townhouse units exhibited a slight decline. As per the report, the median sales price for existing single-family homes was $412,000, down 0.7% from a year prior. Meanwhile, the median price for condo-townhouses stood at $309,000, reflecting a 1.9% decrease over the same timeframe.

Florida Realtors Chief Economist Dr. Brad O’Connor pointed out the importance of local Realtor guidance during these changing market conditions. He noted, “As the market stabilizes, the expertise of a local Realtor can help both buyers and sellers navigate the complex process of home transactions confidently.”

Another noteworthy observation was the decrease in new listings for single-family homes, which dropped significantly compared to January. Although typically February listings are lower than those in January, the reduction this year was particularly pronounced, with new listings falling by 9.5% year-over-year. That said, Dr. O’Connor reassured that while February's new listing numbers were lower, they were not exceptionally low by historical standards.

The landscape for condo and townhouse properties mirrored this trend, as new listings decreased by 15.2% compared to the previous year but aligned more closely with figures from 2019 through 2022, suggesting a return to average conditions.

In terms of pending sales, the market also showed promising signs. New pending sales surged 4% for existing single-family homes and jumped 9.1% for condo and townhouse properties, reinforcing the narrative of a healthier market heading into the spring.

Overall, Dr. O’Connor expressed optimism, stating, “As we delve further into 2026, the market is trending towards a more normal level of listings complemented by improving pending sales figures. This signals progress, with sales seemingly bottoming out and gradually ascending.”

The statewide supply metrics revealed that single-family existing homes had a supply standing of 4.8 months, while existing condo-townhouse properties sat at a 9.3-month supply. This supply level highlights the gradual balance of the market as it recuperates.

As the Florida real estate landscape evolves, monitoring these trends will be vital for potential buyers and sellers alike. For detailed reports and comprehensive statistics on housing activity across Florida, interested parties can visit the Florida Realtors Newsroom online.

Florida Realtors® serves as a key player in the state’s real estate market by offering valuable resources, educational programs, legislative representation, and research support to its extensive membership base of approximately 230,000 members across 49 boards and associations.