Florida's housing market logged its 10th straight month of sales growth in June 2026
Florida's closed home sales rose for a 10th straight month in June 2026, with fresh data from Florida Realtors showing gains across both the single-family and condo-townhouse segments.
Statewide closed sales of existing single-family homes totaled 26,036 in June, up 9.3% year-over-year. Meanwhile, existing condo-townhouse sales reached 8,900, a 14% jump over June 2025, according to the Florida Realtors Research Department.
On a quarterly basis, single-family sales for Q2 2026 totaled 75,080, up 4.1% from the same period a year ago. Condo-townhouse sales came in at 27,101, up 9% year-over-year. Pending inventory levels also rose year-over-year for both timeframes, a leading indicator that the pipeline into the second half of 2026 remains active.
Those headline figures build on a pattern that Florida's housing market has been establishing since the start of the spring, with closed sales, pending contracts, and median prices moving together in the same direction.
What's driving the numbers — and what's distorting them
Researchers were careful to put the percentage gains in context. Jennifer Warner, Florida Realtors' director of economic development and commercial research, noted that the comparisons are measured against a particularly weak starting point.
"Around this time last year, interest rates were hovering closer to 7%, resulting in a weaker spring buying season overall," Warner said.
"Then rates began to fall during the summer and continued to come in at just around 6% for the remainder of the year. Buyers responded, giving closed sales a stronger back half of the year."
She added that 2026 sales trends more closely resemble 2023 volumes than the suppressed figures of recent years, and that the current dynamic holds even with rates holding around 6.5%.
"So far in 2026, closed sales continue to exceed what we saw during the same time in 2025," Warner said.
"Even as interest rates are sustaining around six and a half percent, we are seeing buyers showing up."
That behavioral shift aligns with what mortgage professionals on the ground have been reporting. Kelly McBride, a mortgage loan officer at Nexa Lending in Florida, told Mortgage Professional America earlier this year that buyers are now approaching the market differently than they did in 2025.
"This year, buyers are showing more confidence," McBride said. "They've had time to adjust to the current rate environment and better understand how to navigate the market."
Prices hold near peak, supply tells two different stories
The statewide median for existing single-family homes in June was $432,000, up 4.9% from June 2025, while the condo-townhouse median reached $305,000, up 1.7% year-over-year.
For Q2 2026, the single-family median was $425,000, up 2.4%, while the condo-townhouse median held at $310,000, flat compared with Q2 2025.
Warner described current pricing as the "new normal" established during the pandemic era, with values hovering near their peak without meaningful retreat.
On the supply side, the two markets continue to diverge in ways that matter to brokers advising clients across property types.
Single-family existing homes were at a 4.5-months' supply in June and Q2 2026, while condo-townhouse properties carried an 8.1-months' supply for both timeframes.
The latter figure represents meaningful negotiating leverage for condo buyers, a contrast to the tighter single-family segment, where sellers retain the upper hand.
That condo inventory overhang is worth monitoring alongside the broader county-level risk picture that has been building across Florida's mortgage market in 2026, particularly in coastal markets exposed to insurance and homeowner association pressures.
Chuck Bonfiglio Jr., 2026 Florida Realtors president and broker-owner of AAA Realty Group in Plantation, said conditions remain varied enough that professional guidance is essential.
"Sellers need to price and prepare their homes carefully, while buyers should understand the choices and negotiating opportunities available to them," Bonfiglio said.
"A knowledgeable local Realtor can help both sides make confident, informed decisions."
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