The housing market in Florida has seen an increase in both closed sales and new pending sales compared to last year, with a slight decrease in median prices at a slower pace, according to data from the Florida Realtors Association.
Chuck Bonfiglio, the association’s 2026 president, noted continued buyer activity as the spring buying season approaches, emphasizing the importance of leveraging local agents’ expertise to facilitate buying and selling processes.
Last month, single-family home sales reached 18,379 units, up 3.9% compared to February 2025, while condominium sales totaled 7,060 units, an 8.6% increase. Completing a sale typically takes between 30 and 90 days after contracts are signed. According to Dr. Brad O’Connor, the association’s chief economist, closed sales have increased for the sixth consecutive month, while median prices remained relatively stable.
The median price for single-family homes was $412,000, down 0.7%, and for condominiums, $309,000, down 1.9%. Although sales remained steady when comparing February to January, there was a noticeable decline in the number of new properties listed on the market.
