We continue to see South Florida’s real estate momentum carry into 2026, with strength across our key markets. The story here isn’t a lack of demand—it’s tight supply that’s keeping inventory constrained. Mortgage rates hovering in the low-6% range have helped stabilize the market, offering a steady backdrop that’s especially beneficial for buyers who come prepared.
One area where this is particularly apparent is the luxury segment above $5 million. With about 488 single-family homes currently listed in this tier and approximately 43 sales each month, plus an average of 20 condo sales monthly, it’s clear that activity remains robust at the top end. Across all price points, South Florida currently has around 4,500 homes on the market. Roughly 10% are priced above $5 million, and another 10% below $500,000—underscoring how limited supply can help support property values throughout the region.
If these inventory levels persist, we can expect continued upward pressure on prices. Of course, the upcoming property tax referendum is also on the horizon and could shift how some owners think about their next move. In my experience guiding clients through every stage of this dynamic market, being informed and ready remains your best advantage.
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