Florida Housing Market Sees Sales and Price Gains in June 2026
Event summary
- Closed sales of existing single-family homes in Florida rose 9.3% year-over-year to 26,036 in June 2026.
- Existing condo-townhouse sales increased 14% year-over-year to 8,900 in June 2026.
- Median prices for single-family homes and condo-townhouses rose 4.9% and 1.7%, respectively, compared to June 2025.
- Supply levels stood at 4.5 months for single-family homes and 8.1 months for condo-townhouses in June 2026.
The big picture
Florida's housing market is showing resilience with increased sales and rising prices, despite higher mortgage rates compared to pandemic-era lows. The data reflects a recovery from a weaker spring buying season in 2025, with trends more closely resembling those of 2023. Supply-and-demand dynamics are maintaining elevated price levels, indicating a sustained 'new normal' in the state's real estate market.
What we're watching
- Interest Rate Impact
- How sustained mortgage rates around 6.5% will affect buyer activity and market momentum.
- Supply Dynamics
- Whether current supply levels can meet demand, particularly in the single-family home segment.
- Price Stability
- The pace at which median prices continue to rise and whether they remain within the 'new normal' established post-pandemic.