Momentum continues to build in the South Florida real estate market as we move through 2026. We’re seeing tighter supply—not a lack of demand—driving the conversation and shaping opportunities for those ready to act. With mortgage rates settling into the low-6% range, it’s providing a bit more stability and confidence for prepared buyers considering their next move.
The luxury segment is especially dynamic right now: over $5 million, there are about 488 single-family homes currently listed, with roughly 43 homes selling each month, and condos averaging around 20 monthly sales. Inventory across South Florida hovers around 4,500 homes for sale, with about 10% priced above $5 million and another 10% below $500,000. This balanced but tight supply is part of what’s helping support property values.
If supply remains limited, upward pressure on prices is likely to continue. And with a property tax referendum on the horizon, some owners may be rethinking their plans. Having spent years in both real estate and mortgage financing, I know how important it is for buyers and sellers to have the right guidance in a market like this—especially when every move counts. As always, I’m here to help you navigate the SW Florida market with expertise you can trust.
Leave a Reply