Florida Housing Market Shows Signs of Stabilization in August
Despite slight declines in sales, tightening inventory and rising prices suggest a leveling market in Florida.
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Despite slight declines in sales, tightening inventory and rising prices suggest a leveling market in Florida.
Supply is climbing while pending sales hit a six-month low, shifting leverage toward buyers in cities like Miami, Nashville and across Texas—especially for homes that have sat on the market for weeks.
Florida's housing market extended its streak of year-over-year sales gains to 11 consecutive months in July 2026, with single-family and condo sales both climbing even as mortgage rates remained elevated.
Slower summer conditions, high mortgage rates and growing inventory are shifting bargaining power toward buyers in Austin, Nashville and beyond, while Chicago and San Diego remain more competitive.
The median U.S. home sale price climbed 2.4% year over year in April 2026, the sharpest increase since March 2025, as pending sales hit the highest level since 2023 and inventory expanded to its widest point since 2020.
The median U.S. home sale price climbed 2.4% year over year in April to $396,173, the largest annual increase in 13 months, as buyer demand surged alongside a stronger-than-expected jobs report.
High-end San Francisco sales climbed sharply in March as tight inventory and strong AI-sector pay pushed median luxury prices to a record March level.