Florida Housing Market Shows Continued Momentum with Rising Sales in April 2026
Event summary
- Closed sales of existing single-family homes in Florida rose 2.4% year-over-year in April 2026, totaling 24,129.
- Existing condo-townhouse sales increased 6.9% year-over-year, with 9,309 units sold.
- New pending sales of single-family homes surged 8% year-over-year, while condo-townhouse pending sales jumped 14.7%.
- Statewide median sales price for single-family homes increased 1.8% to $420,000, while condo-townhouse median price remained steady at $315,000.
- Inventory for both property categories decreased, with single-family homes at a 4.7-months' supply and condo-townhouse properties at an 8.9-months' supply.
The big picture
Florida's housing market continues to exhibit sustainable momentum, with rising closed and pending sales across both single-family and condo-townhouse sectors. This trend reflects broader market dynamics where affordability remains a key factor, driving higher demand for condos and townhouses. The sustained increase in pending sales suggests ongoing buyer interest, despite inventory constraints. The market's performance is indicative of a robust real estate environment, supported by strategic local insights and pricing trends.
What we're watching
- Sales Momentum
- Whether the 8% year-over-year increase in pending single-family home sales will translate into sustained closed sales growth through May and June.
- Affordability Dynamics
- How the continued affordability challenge will impact the stronger year-over-year sales growth in condos and townhouses compared to single-family homes.
- Inventory Trends
- The pace at which inventory levels will adjust, particularly given the decreased supply in both single-family and condo-townhouse categories.