South Florida Market Snapshot – July 2026
^{Data source: realtor.com.}
Monthly data updated on August 3, 2026 with data through July 2026.

Miami-Dade County

• Median Listing Price: $588,700 (-2% YOY / -1% MOM)
• Active Listings: 16,534 (-14% YOY / -3% MOM)
• Median Days on Market: 87 days (-4% YOY / +1% MOM)
• New Listings: 3,148 (-7% YOY / -7% MOM)
• Price Increases: 218 (+22% YOY / +20% MOM)
• Price Reductions: 2,924 (-23% YOY / 0% MOM)
• Pending Listings: 3,355 (+6% YOY / -8% MOM)
• Median Price per Square Foot: $459 (-3% YOY / 0% MOM)

Broward County

• Median Listing Price: $379,550 (-7% YOY / -1% MOM)
• Active Listings: 14,403 (-17% YOY / -3% MOM)
• Median Days on Market: 85 days (-3% YOY / +4% MOM)
• New Listings: 3,230 (-3% YOY / -6% MOM)
• Price Increases: 152 (+12% YOY / +12% MOM)
• Price Reductions: 3,190 (-31% YOY / -12% MOM)
• Pending Listings: 3,397 (+5% YOY / -7% MOM)
• Median Price per Square Foot: $302 (-4% YOY / 0% MOM)

Palm Beach County

• Median Listing Price: $489,000 (-1% YOY / -1% MOM)
• Active Listings: 10,613 (-20% YOY / -4% MOM)
• Median Days on Market: 80 days (-8% YOY / +3% MOM)
• New Listings: 2,570 (-1% YOY / -11% MOM)
• Price Increases: 112 (-29% YOY / +12% MOM)
• Price Reductions: 2,592 (-28% YOY / -7% MOM)
• Pending Listings: 3,247 (+8% YOY / -12% MOM)
• Median Price per Square Foot: $303 (0% YOY / -1% MOM)

Behind the Numbers

The latest data across Miami-Dade, Broward, and Palm Beach shows fewer active listings than a year ago, while median listing prices remain modestly lower across all three counties. At the same time, homes are spending fewer days on market, and pending listings are above last year's levels throughout the region. Together, these measures point to an active but selective market, with more properties moving into pending status than a year ago despite a smaller pool of listings.

Additional Insight

What stands out is that tighter inventory has not translated into higher asking prices. Instead, shorter market times, stronger pending activity, and fewer price reductions suggest buyers are responding when pricing aligns with current expectations. Recent gains in closed sales across South Florida reinforce this picture. The market appears increasingly active, but still price sensitive, with the distinction between asking prices and closed-sale performance becoming particularly important.

Header image courtesy of James Coombs. 570 Manor Rd, Maitland Winter Park, FL. View property here.

^{Market data is sourced from third-party providers and reflects information available at the time of publication. Figures are subject to revision, errors, and omissions.}